Common use of Alternative Clause in Contracts

Alternative. The provisions of Paragraph 4 will apply, except that, pending the resolution of a dispute, transfer of the undisputed Value of Eligible Credit Support or Credit Support Balance involved in the relevant demand will be due as provided in Paragraph 4 if the demand is made at or before the Notification Time but will be due on the second Local Business Day after the demand if the demand is made after the Notification Time.

Alternative. The provisions of Paragraph 4 5 will apply, apply except that, to the following extent; pending the resolution of a dispute, transfer Transfer of the undisputed Value of Eligible Credit Support or Posted Credit Support Balance involved in the relevant demand will be due as provided in Paragraph 4 5 if the demand is made at or before given by the Notification Time but will be due on the second Local Business Day after the demand if the demand is made given after the Notification Time.