Template:Isda 3(a) summ: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "An observant negotiator (is there any other kind?) handling a {{1992ma}} might wish to add a new agency rep as Section {{isda92prov|3(a)(vi)}}. In 2002, {{icds}} 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 {{{{{1}}}|Basic Representations}}, so they put it in a new clause all by itself at Section {{{{{1}}}|3(g)}}. But you don’t need a besp...") |
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Latest revision as of 15:08, 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 {{{{{1}}}|Basic Representations}}, so they put it in a new clause all by itself at Section {{{{{1}}}|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.