Template:Code ISDA 2002 2(b): Difference between revisions

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(Created page with "{{isdaprov|2(b)}} '''{{isdaprov|Change of Account}}'''. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least fi...")
 
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{{isdaprov|2(b)}} '''{{isdaprov|Change of Account}}'''. Either party may change its account for receiving a payment or delivery by giving notice to the other party at least five Local Business Days prior to the Scheduled Settlement Date for the payment or delivery to which such change applies unless such other party gives timely notice of a reasonable objection to such change.
{{isdaprov|2(b)}} '''{{isdaprov|Change of Account}}'''. {{edit|15556}} {{pageid}}<br>
 
{{pr right|label=change account details|who={{ob|Party: either}}|action=change payment or delivery account details|how={{op|notify: written}} {{ob|Party: other}}|when={{op|minimum: five}} {{ob|Local Business Day}}s {{op|before}} {{ob|Scheduled Settlement Date}}|condition={{op|notice: written; reasonable objection}} {{op|from}} {{ob|Party: other}} {{op|to}} {{ob|Party: active}}}} <br>
{{pr right|label=change account details|who={{ob|Party: either}}|action=change payment or delivery account details|how={{op|notify: written}} {{ob|Party: other}}|when={{op|minimum: five}} {{ob|Local Business Day}}s {{op|before}} {{ob|Scheduled Settlement Date}}|condition={{op|notice: written; reasonable objection}} {{op|from}} {{ob|Party: other}} {{op|to}} {{ob|Party: active}} }}