Counterparts and Confirmations - ISDA Provision: Difference between revisions
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Amwelladmin (talk | contribs) m Text replace - "2002 ISDA Master Agreement" to "{{2002ma}}" |
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means that any such counterpart, telex or electronic message constitutes a Confirmation. | means that any such counterpart, telex or electronic message constitutes a Confirmation. | ||
== | =={{2002ma}}== | ||
(e) Counterparts and Confirmations. | (e) Counterparts and Confirmations. | ||
(i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed | (i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed |
Revision as of 20:16, 9 July 2012
In gory detail
1992 ISDA
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2002 ISDA
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1992 ISDA Master
(e) Counterparts and Confirmations. (i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission), each of which will be deemed an original. (ii) The parties intend that they are legally bound by the terms of each Transaction from the moment they agree to those terms (whether orally or otherwise). A Confirmation shall he entered into as soon as practicable and may he executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes or by an exchange of electronic messages on an electronic messaging system, which in each case will be sufficient for all purposes to evidence a binding supplement to this Agreement. The parties will specify therein or through another effective means that any such counterpart, telex or electronic message constitutes a Confirmation.
2002 ISDA
(e) Counterparts and Confirmations. (i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed and delivered in counterparts (including by facsimile transmission and by electronic messaging system), each of which will be deemed an original. (ii) The parties intend that they are legally bound by the terms of each Transaction from the moment they agree to those terms (whether orally or otherwise). A Confirmation will be entered into as soon as practicable and may be executed and delivered in counterparts (including by facsimile transmission) or be created by an exchange of telexes, by an exchange of electronic messages on an electronic messaging system or by an exchange of e-mails, which in each case will be sufficient for all purposes to evidence a binding supplement to this Agreement. The parties will specify therein or through another effective means that any such counterpart, telex, electronic message or e-mail constitutes a Confirmation.
Analysis
No difference between the versions.