Representations - ISDA Provision: Difference between revisions
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==={{isdaprov|Additional Representation}}s=== | ==={{isdaprov|Additional Representation}}s=== | ||
The {{isdaprov|representations}} set out in Section {{isdaprov|3}} are, of course, the boring ones. The {{isdaprov|Additional Representation}}s that are pulled in here and have the same effect on the Events of Default as do these boring ones — over which the parties will tortuously argue during the negotiation process, are lot more interesting — literary, really — reflecting as they do the dark paranoia lurking deep in the heart of your favourite [[credit officer]]. | The {{isdaprov|representations}} set out in Section {{isdaprov|3}} are, of course, the boring ones. The {{isdaprov|Additional Representation}}s that are pulled in here and have the same effect on the Events of Default as do these boring ones — over which the parties will tortuously argue during the negotiation process, are lot more interesting — literary, really — reflecting as they do the dark paranoia lurking deep in the heart of your favourite [[credit officer]]. | ||
===Deemed repetition=== | |||
Do we think it works? Given how {WARNING: CONTRARIAN VIEW COMING UP} useless representations are... | |||
===On [[representations and warranties]] generally === | ===On [[representations and warranties]] generally === | ||
====[[Representations]]==== | ====[[Representations]]==== |