Template:M comp disc EUA Annex (d)(i)(5): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
 
(No difference)

Latest revision as of 15:38, 26 July 2022

You will notice similarities between the way a Suspension Event and a Settlement Disruption Event. One can, and we do, bellyache about the way ISDA’s crack drafting squad™ goes about the task of rendering its fantastical ideas in the language of Shakespeare and Milton, but you can’t really fault them for consistency.

Here, in counterpoint to a normal Settlement Disruption Event if there is delayed performance the payment obligation is adjusted to include a Cost of Carry Amount.