Template:Nutshell 1992 ISDA 2(b): Difference between revisions

Latest revision as of 07:49, 23 February 2020

2(b) Change of Account. Either party may change its standard settlement instructions by five Local Business Days’ notice before any sheduled settlement date but the other party may object, within reason, to the change.

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	{{~~isdaprov~~\|2(b)}} '''{{~~isdaprov~~\|Change of Account}}'''. Either party may change its [[standard settlement instructions]] by five {{~~isdaprov~~\|Local Business Days}}’ notice before any ~~{{isdaprov\|Scheduled Settlement Date}}~~ but the other party may ~~make reasonable objections~~ to ~~such a~~ change. <br>		{{isda92prov\|2(b)}} '''{{isda92prov\|Change of Account}}'''. Either party may change its [[standard settlement instructions]] by five {{isda92prov\|Local Business Days}}’ notice before any sheduled settlement date but the other party may object, within reason, to the change. <br>