Template:Eqdef partial cancellation comp: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "Paragraphs {{eqderivprov|12.2(f)}} (Tender Offers) and {{eqderivprov|12.3(e)}} Mergers) are identical in all respects other than the word “Merger” or “Tender Offer”....") |
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Paragraphs {{eqderivprov|12.2(f)}} ( | Paragraphs {{eqderivprov|12.2(f)}} (Merger Events) and {{eqderivprov|12.3(e)}} Tender Offers) are identical in all respects other than the word “Merger” or “Tender Offer”. There: that saved you a bit of bafflement. | ||
That being the case you might wonder why {{icds}} saw fit to write them out separately, eschewing the option for a cheeky as the case may be — but their chosen architecture, treating {{eqderivprov|Merger Event}}s and {{eqderivprov|Tender Offer}}s separately, forces them into this leaden exposition. We have some tedious thoughts on the unwisdom of this in our [[Semantic structure - drafting principles|drafting principles]] section, if you are interested. | That being the case you might wonder why {{icds}} saw fit to write them out separately, eschewing the option for a cheeky as the case may be — but their chosen architecture, treating {{eqderivprov|Merger Event}}s and {{eqderivprov|Tender Offer}}s separately, forces them into this leaden exposition. We have some tedious thoughts on the unwisdom of this in our [[Semantic structure - drafting principles|drafting principles]] section, if you are interested. | ||
Latest revision as of 07:39, 3 May 2022
Paragraphs 12.2(f) (Merger Events) and 12.3(e) Tender Offers) are identical in all respects other than the word “Merger” or “Tender Offer”. There: that saved you a bit of bafflement.
That being the case you might wonder why ISDA’s crack drafting squad™ saw fit to write them out separately, eschewing the option for a cheeky as the case may be — but their chosen architecture, treating Merger Events and Tender Offers separately, forces them into this leaden exposition. We have some tedious thoughts on the unwisdom of this in our drafting principles section, if you are interested.