Template:M comp disc 2002 ISDA Specified Entity: Difference between revisions

Revision as of 15:16, 7 June 2023

Same concept in both versions of the ISDA Master Agreement only with different clause numberings. Specified Entity is relevant to:

And of course the Absence of Litigation representation. Let’s not forget that.

Each party designates its Specified Entities for each of these events in Part 1(a) of the Schedule, which gives the Schedule its familiar layout:

(a) “Specified Entity” means in relation to Party A for the purpose of:― Section 5(a)(v), [SPECIFY]. Section 5(a)(vi), [SPECIFY]. Section 5(a)(vii), [SPECIFY]. Section 5(b)(v), [SPECIFY]. and in relation to Party B for the purpose of:― Section 5(a)(v), [SPECIFY]. Section 5(a)(vi), [SPECIFY]. Section 5(a)(vii), [SPECIFY]. Section 5(b)(v), [SPECIFY].

@@ Line 5: / Line 5: @@
 *{{isdaprov|Credit Event Upon Merger}}
 And of course the {{isdaprov|Absence of Litigation}} representation. Let’s not forget that.
+Each party designates its Specified Entities for each of these events in Part 1(a) of the Schedule, which gives the Schedule its familiar layout:
+{{subtable|
+{{ISDA Master Agreement 2002 Schedule Part 1(a)}} }}