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[[Chicken licken]] can have fun with this one. A | {{a|plainenglish|}}[[Chicken licken]]s can have fun with this one. A “prior” notice must be given ''before'' the event in question, right? | ||
:“[[Unless otherwise agreed, we, [[acting in good faith]], may change the terms [[applicable]] to any loan by giving you [[prior written notice]] (where [[reasonably]] [[practicable]] to you ('''''such notice not to have retrospective effect''''').” | But what if the notice is given ''afterward'', but is ''expressed to have retrospective effect''? You may wish to strike someone who asks such a stupid question, for such a person is indeed worthy of a walloping, but it does happen. Spotted, negotiated into a [[prime brokerage]] document — no doubt granted at length by an exasperated [[negotiator]] who was ultimately not prepared to [[die in a ditch]] about it: | ||
:“[[Unless otherwise agreed]], we, [[acting in good faith]], may change the terms [[applicable]] to any loan by giving you [[prior written notice]] (where [[reasonably]] [[practicable]] to you ('''''such notice not to have retrospective effect''''').” | |||
Shoot me. I mean, just shoot me. | Shoot me. I mean, just shoot me. | ||
{{sa}} | |||
{{ | *[[Ditch tolerance]] |