Template:M comp disc 2002 ISDA 5(b)(vi): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{ISDAnumberingdiscrepancy}} <br> | {{ISDAnumberingdiscrepancy}} <br> | ||
Other than the numbering discrepancy and a daring change of a [[shall]] to a [[will]], Section {{isdaprov|5(b)(vi)}} of the {{2002ma}} is the same as Section {{isda92prov|5(b)(v)}} of the {{1992ma}}. That said, [[ATE]]s are likely to be the most haggled-over part of your {{isdama}}. | Other than the numbering discrepancy and a daring change of a “[[shall]]” to a “[[will]]”, Section {{isdaprov|5(b)(vi)}} of the {{2002ma}} is the same as Section {{isda92prov|5(b)(v)}} of the {{1992ma}}. That said, [[ATE]]s are likely to be the most haggled-over part of your {{isdama}}. | ||
Revision as of 09:19, 26 April 2020
Numbering Discrepancy: Note the numbering discrepancy in Section 5(b) between the 1992 ISDA and 2002 ISDA. This is caused by a new 5(b)(ii) (Force Majeure Event) in the 2002 ISDA before Tax Event, which is thus shunted from Section 5(b)(ii) (in the 1992 ISDA) to Section 5(b)(iii) (in the 2002 ISDA).
Other than the numbering discrepancy and a daring change of a “shall” to a “will”, Section 5(b)(vi) of the 2002 ISDA is the same as Section 5(b)(v) of the 1992 ISDA. That said, ATEs are likely to be the most haggled-over part of your ISDA Master Agreement.