Template:M summ 2002 ISDA 3(a): Difference between revisions

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Created page with "An observant negotiator (is there any other kind?) handling a {{1992ma}} might wish to add a new agency rep as Section {{isdaprov|3(a)(vi)}}. The framers of the {{isdama}}..."
 
Replaced content with "{{isda 3(a) summ|isdaprov}}"
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An observant [[negotiator]] (is there any other kind?) handling a {{1992ma}} might wish to add a new agency rep as Section {{isdaprov|3(a)(vi)}}. The framers of the {{isdama}} obviously thought this was such a good idea that they added a brand-new “no-agency” rep to the {{2002ma}}, only they can’t have felt it was basic enough to go in the {{isdaprov|Basic Representations}}, so they put it in a new clause all by itself at Section {{isdaprov|3(g)}}.
{{isda 3(a) summ|isdaprov}}
 
But you don’t need a bespoke no-agency rep if you’re on a {{2002ma}}, if that’s what you’re wondering.

Latest revision as of 15:06, 30 December 2023

An observant negotiator (is there any other kind?) handling a 1992 ISDA might wish to add a new agency rep as Section 3(a)(vi). In 2002, ISDA’s crack drafting squad™ obviously thought this was such a good idea that they added a brand-new “no-agency” rep to the 2002 ISDA, only they can’t have felt it was basic enough to go in the Basic Representations, so they put it in a new clause all by itself at Section 3(g).

But you don’t need a bespoke “no-agency” rep if you’re on a 2002 ISDA, if that’s what you’re wondering.

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