|
Tags: Replaced Manual revert |
(4 intermediate revisions by the same user not shown) |
Line 1: |
Line 1: |
| 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)}}).
| | {{isda 2 summ|isdaprov}} |