Template:Nutshell 1992 ISDA 5(a)(i): Difference between revisions

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:{{isda92prov|5(a)(i)}}. '''{{isda92prov|Failure to Pay or Deliver}}'''. Failure by a party to make any payment or delivery when due under this {{isda92prov|Agreement}} which is not remedied by the '''third''' {{isda92prov|Local Business Day}} after the party receives notice of the failure; <br>
:{{isdaprov|5(a)(i)}}. '''{{isdaprov|Failure to Pay or Deliver}}'''. Failure by a party to make any payment or delivery when due under this {{isdaprov|Agreement}} which is not remedied by the first {{isdaprov|Local Business Day}} or {{isdaprov|Local Delivery Day}} after the party receives notice of the failure; <br>