From The Jolly Contrarian
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| Section {{isdaprov|3(e)}} is the operational part of the ISDA that triggers this representation, which {{icds}} included in the preprint template {{isdaprov|Schedule}} rather than in the preprinted {{isdama}} proper, perhaps nervous that the negotiation community might want to futz around with it.
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| Well, in nearly thirty years, they haven’t: ones intentions about tax when one ''makes'' a payment, rather than when one ''receives'' it, is a topic that even a seasoned [[negotiator]] — one accustomed to finding controversy where others would not, after all — will struggle to get animated about.
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| Thus this handsome slug of text, unmolested, sits in nigh-on every {{isdama}}, just one of those things that passes unremarked in the world of financial derivatives.
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Latest revision as of 17:17, 13 September 2024