Template:Isda 2 summ: Difference between revisions

Section {{{{{1}}}|2(a)}} contains the fundamental payment and delivery obligations under the {{isdama}}; the remainder of the section is a random collection of harmless and uncontroversial, or even unnecessary, bits of housekeeping such as how one changes settlement instructions (Section {{{{{1}}}|2(b)}}), under what circumstances the parties can next down offsetting payments in the ordinary course (Section {{{{{1}}}|2(c)}} — though, spoiler, whenever they both feel like it), and arrangements for where and when one [[Gross up|grosses up]] for [[withholding tax]] is (Section {{{{{1}}}|2(d)}}).