Waiting Period - ISDA Provision: Difference between revisions
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Revision as of 06:41, 2 August 2016
In gory detail
1992 ISDA |
2002 ISDA
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Commentary
The Waiting Period for Illegality (Section 5(b)(i)) is three Local Business Days; for a Force Majeure Event (5(b)(ii)) it is 8 Local Business Days.
See Also