Template:ISDA Master Agreement 1987 Preamble: Difference between revisions

{{small|150}}INTEREST RATE<br>AND<br>CURRENCY EXCHANGE AGREEMENT</div><br>

Dated as of ……………………<br><br><br><br>

have entered [[and/or]] anticipate entering into one or more transactions (each a “'''{{isda87prov|Swap Transaction}}'''”). The parties agree that each {{isda87prov|Swap Transaction}} will be governed by the terms and conditions set forth in this document (which includes the schedule (the “'''{{isda87prov|Schedule}}'''” and in the documents (each a “'''{{isda87prov|Confirmation}}'''” is exchanged between the parties confirming such {{isda87prov|Swap Transactions}}. Each {{isda87prov|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 {{isda87prov|Confirmation}}s constitute a single agreement between the parties (collectively referred to as this “'''{{isda87prov|Agreement}}'''”). The parties acknowledge that all {{isda87prov|Swap Transaction}}s are entered into in reliance on the fact that this document and all {{isda87prov|Confirmation}}s will form a [[single agreement]] between the parties, it being understood that the parties would not otherwise enter into any {{isda87prov|Swap Transaction}}s.  

Accordingly, the parties agree as follows:—