Template:M summ EUA Annex (d)(xi)

Picture the scene: ISDA’s crack drafting squad™ as a group of ghost-hunting kids, miles out of their comfort zone, poking around with a flashlight in a dark, cobwebbed cellar, not sure whether they’ll find an imprisoned maiden down a well or Pennywise the Clown, opening doors, dragging themselves further away from the comfortable mark-to-market world, ever more gingerly, and when they got to the Failure to Deliver (Alternative Method) - EEP Applicable, there is a desperate last-minute lunge, they throw in a handful of improvised expository definitions, hoping this might scare away whatever unspeakable evil lurks in the shadows, but alas, they wink out, snuffed out by the suffocating darkness.

“G... g... guys?” stuttered Algy. “I th ... th ... think we better get outta here.”

Roly snorted. “What’s wrong Algy? Are you scared? You a chicken?” He squawked gently, and mimicked a chicken.

“I’m not yeller!” Algy squeaked.

“Are too! —”

“Lads! Quiet! I have to finish this dispute arrangement. It’s — fiddly ... multi-lat ... ” Opco Boone jabbed his screwdriver into the mechanism, and a shower of rust sprinkled his face.

“Don’t forget the double counting, Opco,” said George.

Boone wiped his face and adjusted his goggles. “I got it, G. Just a little further —”

Deep in the bowels of the ETS there was a deep, subsonic moan, as if a God, , stirred from a sleep of aeons.

What the fuck was that?

There was, nearby, a vigorous flutter, like a scrambling bird.

Roly! Roly!

But the young squadsman had gone.

“C’mon gang, this is a dead end. No-one will read this, or understand it, much less ever use it. Let’s get out of here.”