Template:M summ 2002 ISDA 1: Difference between revisions
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Section {{isdaprov|1}} is a gentle introduction indeed to the dappled world of the {{isdama}}: much coming from the “goes without saying, but let’s say it anyway” dept — a large department indeed, in the annals of modern legal practice. It | Section {{isdaprov|1}} is a gentle introduction indeed to the dappled world of the {{isdama}}: much coming from the “goes without saying, but let’s say it anyway” dept of legal wordwrightery — a large department indeed, in the annals of modern legal practice. It starts getting a bit tasty in Section {{isdaprov|1(c)}} with the {{isdaprov|Single Agreement}}, but it’s not until the Section {{isdaprov|2(a)(iii)}} [[flawed asset]] provision that you’re properly in the [[ISDA ninja]] twilight zone. | ||
In a nutshell: DO NOT ADJUST THIS PROVISION. | In a nutshell: DO NOT ADJUST THIS PROVISION. It does no-one any harm. How ''could'' it? | ||
Revision as of 16:58, 1 February 2020
Section 1 is a gentle introduction indeed to the dappled world of the ISDA Master Agreement: much coming from the “goes without saying, but let’s say it anyway” dept of legal wordwrightery — a large department indeed, in the annals of modern legal practice. It starts getting a bit tasty in Section 1(c) with the Single Agreement, but it’s not until the Section 2(a)(iii) flawed asset provision that you’re properly in the ISDA ninja twilight zone.
In a nutshell: DO NOT ADJUST THIS PROVISION. It does no-one any harm. How could it?