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| {{isdaanat|3(a)(v)|1992|3(a)(v)}}
| | #redirect[[Basic Representations - ISDA Provision]] |
| ===“any {{isdaprov|Credit Support Document}} to which it is a party”===
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| Business at the front; party at the back.
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| Now given that a {{isdaprov|Credit Support Document}} will generally be a deed of [[guarantee]], [[letter of credit|Letter of Credit]] or some other third party form of credit assurance from a, you know, ''third party'' to which a Party in whose favour it is provided will not ''be'' a “party” — and no, an [[English law]] {{isdaprov|Credit Support Annex}} is ''not'' a {{isdaprov|Credit Support Document}}, however much it might ''sound'' like one<ref>Of course, the [[New York law]] {{isdaprov|Credit Support Annex}} ''is'' a {{isdaprov|Credit Support Document}}, one might wonder what the point would be of mentioning, in this sub-section, {{isdaprov|Credit Support Document}}s to which a {{isdaprov|Party}} is ''party''.
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| Well — and this might come as a surprise, if you’re an [[ISDA ingénue]]; old lags won’t bat an eyelid — there isn’t much point.
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| But does anyone, other than the most insufferable pedant, really care? I mean why would you write a snippy wiki article about some fluffy but fundamentally harmless language, unless you were a ''stone cold bore''?
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| Hang on: Why are you looking at me like that?
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| {{sa}}
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| *{{isdaprov|Credit Support Document}}
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Latest revision as of 23:56, 18 April 2020