Template:M comp disc 2002 ISDA 7: Difference between revisions

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No great difference between the version other than {{icds}} satisfying its usual yen for [[redundancy]] and over-particularity. Any right under any [[contract]] is subject to [[applicable law]], after all.
{{isda 7 comp|isdaprov}}

Latest revision as of 12:37, 12 April 2020

No great difference between the versions of Section 7 other than those yielded by ISDA’s crack drafting squad™ satisfying its usual yen for redundancy and over-particularity.

Any right under any contract is subject to applicable law, after all, and converting “any amount payable on early termination under Section 6(e)” to “the Early Termination Amount together with any amounts payable under various other random clauses of the agreement as a result of its early termination” may be more exacting than the 1992 ISDA version, but you could as easily have fixed it just by deleting “under section 6(e)”.