Template:GMRA 2000 6(j): Difference between revisions

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{{gmraprov|6(j)}} If the parties have specified in {{gmraprov|Annex I}} hereto that this paragraph {{gmraprov|6(j)}} shall apply, each obligation of a party under this {{gmraprov|Agreement}} (other than an obligation arising under paragraph {{gmraprov|10}}) is subject to the [[condition precedent]] that none of those events specified in paragraph {{gmraprov|10(a)}} which are identified in {{gmraprov|Annex I}} hereto for the purposes of this paragraph {{gmraprov|6(j)}} (being events which, upon the serving of a {{gmraprov|Default Notice}}, would be an {{gmraprov|Event of Default}} with respect to the other party) shall have occurred and be continuing with respect to the other party. <br>
{{gmraprov|6(j)}} If the parties have specified in {{gmraprov|Annex I}} hereto that this paragraph {{gmraprov|6(j)}} shall apply, each obligation of a party under this {{gmraprov|Agreement}} (other than an obligation arising under paragraph {{gmraprov|10}}) is subject to the [[condition precedent]] that none of those events specified in paragraph {{gmraprov|10(a)}} which are identified in {{gmraprov|Annex I}} hereto for the purposes of this paragraph {{gmraprov|6(j)}} (being events which, upon the serving of a {{gmraprov|Default Notice}}, would be an {{gmraprov|Event of Default}} with respect to the other party) shall have occurred and be continuing with respect to the other party. <br>