|
|
Line 1: |
Line 1: |
| {{a|isdamyth|{{image|Single Agreement|png|The Single Agreement, forged at the dawn of the [[Age of Swaps]]. {{vsr|1854}}}}}}Forged at the dawn of the [[Age of Swaps]] in the [[Iron Mountain]], in the internal fires that raged across [[Bretton Woods]], in the foothills of [[Entropy]], an alliance of the [[First Men]] and the [[Children of the Woods]] forged the [[One Agreement]]: this would be the one agreement to rule them all, one agreement to margin them, one agreement to bind them in accordance with their terms, and in their [[insolvency|darkness]] [[net]] them. | | {{essay|myth|single agreement|{{image|Single Agreement|png|The Single Agreement, forged at the dawn of the [[Age of Swaps]]. {{vsr|1854}}}}}} |
| ====Section 1(c) in the {{isdama}}====
| |
| The ISDA is of course the OG when it comes to derivatives master agreements, and it was the first recorded instance of the single agreement concept. Mentioned airily in the {{isda87prov|Preamble}} to the {{1987ma}}, but then upgraded to fully fledged Section {{isdaprov|1(c)}} in the {{1992ma}} and editions thereafter.
| |
| | |
| After a couple of inconsequential throat-cleary subsections, {{isda 1(c) summ|isdaprov}}
| |
| {{Sa}}
| |
| *[[Children of the Woods]]
| |
| *[[First Men]]
| |
| *[[Iron Mountain]]
| |
| *Further commentary on the “single agreement” clause of the {{isdama}} — in the premium JC at Section [[pjc:1(c) - ISDA Provision|1(c)]]
| |