Termination notice - ISDA Give-Up provision: Difference between revisions

Jump to navigation Jump to search
no edit summary
No edit summary
No edit summary
Line 6: Line 6:


:{{prov|{{igu}}|Part 5}}. '''{{prov|{{igu}}|Termination notice}}'''.  For the purpose of Section {{prov|{{igu}}|4}} of this {{prov|{{igu}}|Agreement}}, the {{prov|{{igu}}|termination notice}} shall be effective: <br />
:{{prov|{{igu}}|Part 5}}. '''{{prov|{{igu}}|Termination notice}}'''.  For the purpose of Section {{prov|{{igu}}|4}} of this {{prov|{{igu}}|Agreement}}, the {{prov|{{igu}}|termination notice}} shall be effective: <br />
::[X] one hour after receipt of such termination notice; or <br />
::[X] one hour after receipt of such {{prov|{{igu}}|termination notice}}; or <br />
::[  ] as of the {{prov|{{igu}}|Modification Time}}.<br />
::[  ] as of the {{prov|{{igu}}|Modification Time}}.<br />
:“{{prov|{{igu}}|Modification Time}}” means [[  ] hour[s] after receipt of such termination notice][as of the opening of business on the Business Day in the recipient’s location following the date of receipt of such termination notice].<br />
:“{{prov|{{igu}}|Modification Time}}” means [[  ] hour[s] after receipt of such {{prov|{{igu}}|termination notice}}][as of the opening of business on the Business Day in the recipient’s location following the date of receipt of such {{prov|{{igu}}|termination notice}}].<br />

Navigation menu