Template:ISDA Master Agreement 1992 6(b)(iii): Difference between revisions

Template:ISDA Master Agreement 1992 6(b)(iii) (view source)

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	:{{~~isdaprov~~\|6(b)(iii)}} '''{{~~isdaprov~~\|Two Affected Parties}}'''. If an {{~~isdaprov~~\|Illegality}} under Section {{~~isdaprov~~\|5(b)(i)(1)}} or a {{~~isdaprov~~\|Tax Event}} occurs and there are two {{~~isdaprov~~\|Affected Parties}}, each party will use all reasonable efforts to reach agreement within 30 days after notice thereof is given under Section {{~~isdaprov~~\|6(b)(i)}} on action to avoid that {{~~isdaprov~~\|Termination Event}}. <br>		:{{isda92prov\|6(b)(iii)}} '''{{isda92prov\|Two Affected Parties}}'''. If an {{isda92prov\|Illegality}} under Section {{isda92prov\|5(b)(i)(1)}} or a {{isda92prov\|Tax Event}} occurs and there are two {{isda92prov\|Affected Parties}}, each party will use all reasonable efforts to reach agreement within 30 days after notice thereof is given under Section {{isda92prov\|6(b)(i)}} on action to avoid that {{isda92prov\|Termination Event}}. <br>