What is the purpose of the form of Standard Email/Bloomberg Message attached as Exhibit A to the 2005 Novation Protocol?
In order to facilitate the efficient processing of transfer requests, parties that adhere to the protocol agree to use a standard form of electronic request to obtain the consent of the Remaining Party. It is also required that, the proposed Transferee should be copied on both the message from the Transferor requesting consent and on the return response from the Remaining Party.
Related Questions
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