Template:M summ 1992 ISDA 7: Difference between revisions

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This ''ought'' to head off the temptation felt, for example, by [[legal eagle]]s who should come to be handling [[novation|novations]] in years to come to insert laborious [[representations and warranties]] that neither party has assigned any of its obligations — but knowing the sorts of [[legal eagles]] who usually get assigned to such thrilling tasks, it won’t. Nor will the fact that the [[2004 ISDA Novation Definitions]] includes that representation. Sigh.
{{isda 7 summ|isda92prov}}

Latest revision as of 12:30, 12 April 2020

Section 7 ought to head off the temptation felt, for example, by legal eagles who should come to be handling novations in years to come to insert laborious representations and warranties that neither party has assigned any of its obligations — but knowing the sorts of legal eagles who usually get assigned to such thrilling tasks, it won’t. Nor will the fact that the 2004 ISDA Novation Definitions includes that representation. Sigh.

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