Template:M summ 1992 ISDA 4(b): Difference between revisions
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{{M summ 2002 ISDA 4(b)}} | {{M summ 2002 ISDA 4(b)|isda92prov}} |
Latest revision as of 12:44, 24 December 2023
The counterpart to the “Consents” representation of Section 3(a)(iv), only about the future, neatly illustrating the difference between a representation, being a declaration of fact about the state of the world in the present or past, and a covenant, being a solemn promise to do something about it in the future. Neither the past nor the future is, as regards governmental consents, tremendously controversial, or even interesting, so we do not propose to say anything more about it.