Template:Nutshell 1992 ISDA 12: Difference between revisions

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Template:Nutshell 1992 ISDA 12 (view source)

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-==={{isdaprov|12}}. {{isdaprov|Notices}}===
+==={{isda92prov|12}}. {{isda92prov|Notices}}===
-{{isdaprov|12(a)}} '''{{isdaprov|Effectiveness}}'''. Any communication under this {{isdaprov|Agreement}} may be given in any manner described below (except that communications about {{isdaprov|Events of Default and Termination Events}} or {{isdaprov|Early Termination}} may not be given by [[electronic messaging system]] or [[e-mail]]) as set out in the {{isdaprov|Schedule}}) and will be effective when delivered:― <br>
+{{isda92prov|12(a)}} '''{{isda92prov|Effectiveness}}'''. Any communication under this {{isda92prov|Agreement}} may be given in any manner described below (except that communications about {{isda92prov|Events of Default and Termination Events}} or {{isda92prov|Early Termination}} may not be given by [[electronic messaging system]]) as set out in the {{isda92prov|Schedule}}) and will be effective when delivered:― <br>
 :(i) '''By hand''': when delivered; <br>
-:(ii) '''By [[telex]]''': are you kidding me? Who has a telex these days? OK when the recipient’s answerback is received; <br>
+:(ii) '''By [[telex]]''': when the recipient’s answerback is received; <br>
-:(iii) '''By [[fax]]''': FAX??? When were you born Grampa? Ok when received in legible form (the burden of proof being on the sender and, no, a transmission report won’t do); <br>
+:(iii) '''By [[fax]]''': when received in legible form (the burden of proof being on the sender: a transmission report won’t do); <br>
 :(iv) '''By registered mail''': when delivered (or when delivery is attempted); <br>
 :(v) '''By [[electronic messaging system]]:  when received; or <br>
-:(vi) '''By [[e-mail]]''': when delivered delivered,<br>
+unless delivery or receipt happens outside ordinary business hours on a {{isda92prov|Local Business Day}}, in which case it will be deemed effective on the following {{isda92prov|Local Business Day}}.<br>
-unless delivery or receipt happenens outside ordinary business hours on a {{isdaprov|Local Business Day}}, in which case it will be deemed effective on the following {{isdaprov|Local Business Day}}.<br>
+{{isda92prov|12(b)}} '''{{isda92prov|Change of Details}}'''. Either party may change its contact details by notice. <br>
-{{isdaprov|12(b)}} '''{{isdaprov|Change of Details}}'''. Either party may change its contact details by notice. <br>