Template:Isda 14 summ: Difference between revisions

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[[Definitions - ISDA Provision|The]] basic reason for the differences between the {{1992ma}} and the {{2002ma}} is:
====Palaeontology 101: how things change====
*The whole {{isda92prov|Loss}}/{{isda92prov|Market Quotation}} farrago (and all that {{isda92prov|First Method}} and {{isda92prov|Second Method}} nonsense) is unique to the ’92, replaced by {{isdaprov|Close-out Amount}} in the ’02. That is also where {{isda92prov|Reference Market-maker}}s, {{isda92prov|Settlement Amount}}s and so on come from.
The basic reason for the differences between the different editions:
*{{isdaprov|Force Majeure Event}} under Section {{isdaprov|5(b)(ii)}} is new to the ’02.
===== 1987 to 1992 =====
*{{isdaprov|Illegality}} is built out to include the {{isdaprov|Waiting Period}} concept (also used in {{isdaprov|Force Majeure Event}} come to think of it).
{{1987 v 1992 comparison summary|isda92prov}}
*{{isdaprov|Set-off}} under Section {{isdaprov|6(f)}} is new to the ’02.
===== 1992 to 2002 =====
{{1992 v 2002 comparison summary|isdaprov}}
====A list of the definitions====
Here, for handy reference, is a list of all the definitions used in this edition of the {{isdama}}:
 
{{{{{1}}} Section 14 TOC}}

Latest revision as of 12:59, 5 September 2024

Palaeontology 101: how things change

The basic reason for the differences between the different editions:

1987 to 1992

The 1992 ISDA was introduced principally, to:

1992 to 2002

The 2002 ISDA was introduced, primarily, to:

A list of the definitions

Here, for handy reference, is a list of all the definitions used in this edition of the ISDA Master Agreement:

{{{{{1}}} Section 14 TOC}}