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or any other event of default or event referred to in article 28 ( 2 ) that has led to the termination or suspension of the participant 's participation in target2-ecb
or any other event of default or event referred to in article 28 ( 2 ) that has led to the termination or suspension of the participant 's participation in target2-ecb
Last Update: 2011-10-23
Usage Frequency: 1
Quality:
or ( b ) any other event of default or event referred to in article 28 ( 2 ) that has led to the termination or suspension of the participant 's participation in target2ecb notwithstanding the commencement of any insolvency proceedings in respect of a participant and notwithstanding any assignment , judicial or other attachment or other disposition of or in respect of the participant 's rights , all obligations of the participant shall be automatically and immediately accelerated , without prior notice and without the need for any prior approval of any authority , so as to be immediately due .
or ( b ) any other event of default or event referred to in article 28 ( 2 ) that has led to the termination or suspension of the participant 's participation in target2ecb notwithstanding the commencement of any insolvency proceedings in respect of a participant and notwithstanding any assignment , judicial or other attachment or other disposition of or in respect of the participant 's rights , all obligations of the participant shall be automatically and immediately accelerated , without prior notice and without the need for any prior approval of any authority , so as to be immediately due .
Last Update: 2011-10-23
Usage Frequency: 1
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