Template:M comp disc 2002 ISDA 3(d): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Newer edit →
VisualWikitext
Created page with "The fabulous Section {{isdaprov|3(d)}} representation, giving one’s counterparty the right to close out should any so-designated representations turn out not to be true. Thi..."
Tags: Mobile edit Mobile web edit
 
No edit summary
Line 1: Line 1:
The fabulous Section {{isdaprov|3(d)}} representation, giving one’s counterparty the right to close out should any so-designated representations turn out not to be true. This is sure to occupy an inordinate amount of your [[negotiation]] time — in that it occupies any time at all — because you are as likely to be hit in the face by a live flying starfish in the driest part of the Gobi Desert as you are to close out an ISDA because your counterparty is late preparing its annual accounts. [[Disclaimer|But that’s a personal view and you may not rely on it.]]
{{icds}} must have got this spot-on in their first attempt in 1992, because their successors in 2002 could not find so much as an inverted comma to change.

Revision as of 10:06, 28 March 2020

ISDA’s crack drafting squad™ must have got this spot-on in their first attempt in 1992, because their successors in 2002 could not find so much as an inverted comma to change.

Retrieved from "https://jollycontrarian.com/index.php?title=Template:M_comp_disc_2002_ISDA_3(d)&oldid=42476"