Talk:Preamble - 1987 ISDA Provision

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1987

ISDA ® International Swap Dealers Associations, Inc.

Interest Rate and Currency Exchange Agreement

dated as of

......................................


...................................... and ...................................... (“Party A”) (“Party B”) have entered and/or anticipate entering into one or more transactions (each a “Swap Transaction”). The parties agree that each Swap Transaction will be governed by the terms and conditions set forth in this document (which includes the schedule (the “Schedule” and in the documents (each a “Confirmation” is exchanged between the parties confirming such Swap Transactions. Each Confirmation constitutes a supplement to and forms part of this document and will be read and construed as one with this document, so that this document and all the Confirmations constitute a single agreement between the parties (collectively referred to as this “Agreement”). The parties acknowledge that all Swap Transactions are entered into in reliance on the fact that this document and all Confirmations will form a single agreement between the parties, it being understood that the parties would not otherwise enter into any Swap Transactions.

Accordingly, the parties agree as follows:—