Template:M summ EFET Allowance Annex 4.2: Difference between revisions

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(Created page with "This is mostly throat clearing stuff, though there is an odd appeal to parties being bound by customary market practice to comply with a 30 calendar day notice requirement to designate a Holding Account. Which is all fine, but, look, {{efeta}} ''you are a bilateral contract''. You impose notice periods ''contractually''. If you want to stipulate a fixed number of days’ notice, just say it: there is no value in also referring to it being “customary market practice”....")
 
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This is mostly throat clearing stuff, though there is an odd appeal to parties being bound by customary market practice to comply with a 30 calendar day notice requirement to designate a Holding Account. Which is all fine, but, look, {{efeta}} ''you are a bilateral contract''. You impose notice periods ''contractually''. If you want to stipulate a fixed number of days’ notice, just say it: there is no value in also referring to it being “customary market practice”. What happens if customary market practice changes?  
[[Definition of Schedule - EFET Allowance Provision|This]] is mostly throat clearing stuff, though there is an odd appeal to parties being bound by customary market practice to comply with a 30 calendar day notice requirement to designate a Holding Account. Which is all fine, but, look, {{efeta}} ''you are a bilateral contract''. You impose notice periods ''contractually''. If you want to stipulate a fixed number of days’ notice, just say it: there is no value in also referring to it being “customary market practice”. What happens if customary market practice changes?  


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