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A failure to perform any agreement, if not cured within 30 days, is an {{isdaprov|Event of Default}}, except for (i) those failures who have their own special {{isdaprov|Event of Default}} (ie {{isdaprov|Failure to Pay or Deliver}}, under Section {{isdaprov|5(a)(i)}}) or those that relate to tax, and which mean the party not complying will just get clipped for tax it rather would not. | A failure to perform any agreement, if not cured within 30 days, is an {{isdaprov|Event of Default}}, except for (i) those failures who have their own special {{isdaprov|Event of Default}} (ie {{isdaprov|Failure to Pay or Deliver}}, under Section {{isdaprov|5(a)(i)}}) or those that relate to tax, and which mean the party not complying will just get clipped for tax it rather would not. | ||
===It is an {{isdaprov|Event of Default}} not to supply {{isdaprov|documents for delivery}}=== | ====It is an {{isdaprov|Event of Default}} not to supply {{isdaprov|documents for delivery}}==== | ||
A failure to {{isdaprov|Furnish Specified Information}} — ie those {{isdaprov|documents for delivery}} specified in {{isdaprov|Part 3}} of the {{isdama}}, adverted to in Section {{isdaprov|4(a)(ii)}} ''will'' therefore be an {{isdaprov|Event of Default}}, although you have to navigate a needlessly tortured string of clause cross references and [[double negative|double negatives]] to settle upon this conclusion. | A failure to {{isdaprov|Furnish Specified Information}} — ie those {{isdaprov|documents for delivery}} specified in {{isdaprov|Part 3}} of the {{isdama}}, adverted to in Section {{isdaprov|4(a)(ii)}} ''will'' therefore be an {{isdaprov|Event of Default}}, although you have to navigate a needlessly tortured string of clause cross references and [[double negative|double negatives]] to settle upon this conclusion. | ||
===Differences==== | ====Differences===== | ||
Note the addition of repudiation to the {{2002ma}}. | Note the addition of repudiation to the {{2002ma}}. | ||
{{seealso}} | {{seealso}} | ||
*{{isdaprov|Furnish Specified Information}} and sub-limbs {{isdaprov|4(a)(i)}} and {{isdaprov|4(a)(iii)}} of that definition. But ''not'' {{isdaprov|4(a)(ii)}}. | *{{isdaprov|Furnish Specified Information}} and sub-limbs {{isdaprov|4(a)(i)}} and {{isdaprov|4(a)(iii)}} of that definition. But ''not'' {{isdaprov|4(a)(ii)}}. | ||
*Section {{isdaprov|3(d)}} representations. | *Section {{isdaprov|3(d)}} representations. |