Headings - 1992 ISDA Provision: Difference between revisions
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Latest revision as of 17:10, 14 August 2024
1992 ISDA Master Agreement
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Crosscheck: 9(g) in a Nutshell™
Original text
See ISDA Comparison for a comparison between the 1992 ISDA and the 2002 ISDA.
Resources and Navigation
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Comparisons
This clause is identical in the 1992 ISDA and the 2002 ISDA.
Basics
So suddenly, in Section 9(g) of all places, the members of ISDA’s crack drafting squad™ wake up out of their collective fever dream, and this is what they say: It’s like, “okay, so we wrote them; we did put them here — hands up, we admit it — but we don’t mean anything by them”. And what is a fellow to make of the headings before Section 9 that, short days ago, being a logical fellow, I read, enjoyed and imbued with symbolic meaning? Am I supposed to just throw that crystalline construct away now? It just seems such a waste.
Don’t you just love lawyers?
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See also
- Headings generally; that great bane of contractual construction (apparently)
- Interpretation and construction
- Boilerplate Anatomy