Template:Nutshell 2002 ISDA 5(a)(ii): Difference between revisions

Template:Nutshell 2002 ISDA 5(a)(ii) (view source)

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-{{isdaprov|5(a)(ii)}} “'''{{isdaprov|Breach of Agreement}}'''” means: <br>
+:{{isdaprov|5(a)(ii)}} “'''{{isdaprov|Breach of Agreement}}'''” means: <br>
-(1) a party fails to perform any obligation under the Agreement and doesn’t remedy the failure within 30 days of notice by the other party ''other than'' the following:
+::(1) a party [[breach]]es any of its obligations under the {{isdaprov|Agreement}} and doesn’t remedy the breach within 30 days of the other party’s notice ''other than'' the following:
-*a {{isdaprov|Failure to Pay or Deliver}}
+::*a {{isdaprov|Failure to Pay or Deliver}}
-*giving notice of a {{isdaprov|Termination Event}} or
+::*giving notice of a {{isdaprov|Termination Event}} or
-*not providing any necessary tax documents
+::*not providing any necessary tax documents
-*any tax representations not being true
+::*any tax representations not being true
-(2) a party [[Repudiate|repudiates]] or challenges the validity of, this {{isdama}}, any {{isdaprov|Confirmation}} or any {{isdaprov|Transaction}}. <br>
+::(2) a party [[Repudiate|repudiates]] this {{isdama}} or any {{isdaprov|Transaction}}. <br>