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this time shall be reduced to 30 minutes in the event that the ssp failure occurs at 17.30 or later , in cases where the ssp failure was ongoing at 18.00 .
this time shall be reduced to 30 minutes in the event that the ssp failure occurs at 17.30 or later , in cases where the ssp failure was ongoing at 18.00 .
unless otherwise decided by the ecb 's governing council and communicated to the participants , all received claims shall be assessed no later than 14 weeks after the technical malfunction of target2 occurs .
unless otherwise decided by the ecb 's governing council and communicated to the participants , all received claims shall be assessed no later than 14 weeks after the technical malfunction of target2 occurs .
this time is reduced to 30 minutes in the event that the ssp failure occurs at 17.30 or later ( in cases where the ssp failure was ongoing at 18.00 ) .
this time is reduced to 30 minutes in the event that the ssp failure occurs at 17.30 or later ( in cases where the ssp failure was ongoing at 18.00 ) .
5.1 global netting should a default termination occur , the ecb shall , as soon as is reasonably practicable , take an account of what is due from each party to the other under each netting agreement ( including under appendix 2 of this agreement ) in respect of which default termination has occurred and aggregate the sums due from each party to the other under such netting agreements ( including under appendix 2 of this agreement ) , in every case in or converted into the base currency , and only the net balance of the account shall be payable by the party owing the larger aggregate sum .
5.1 global netting should a default termination occur , the ecb shall , as soon as is reasonably practicable , take an account of what is due from each party to the other under each netting agreement ( including under appendix 2 of this agreement ) in respect of which default termination has occurred and aggregate the sums due from each party to the other under such netting agreements ( including under appendix 2 of this agreement ) , in every case in or converted into the base currency , and only the net balance of the account shall be payable by the party owing the larger aggregate sum .