Template:M comp disc 2002 ISDA 5(b)(iv): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{ISDAnumberingdiscrepancy}} Note the missing “indemnifiable” from the fifth line of the {{2002ma}} version and the expanded description of “merger events” toward...") |
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Revision as of 21:31, 13 October 2023
Numbering Discrepancy: Note the numbering discrepancy in Section 5(b) between the 1992 ISDA and 2002 ISDA. This is caused by a new 5(b)(ii) (Force Majeure Event) in the 2002 ISDA before Tax Event, which is thus shunted from Section 5(b)(ii) (in the 1992 ISDA) to Section 5(b)(iii) (in the 2002 ISDA).
{{{{{1}}}|Tax Event Upon Merger}}: Note the missing “indemnifiable” from the fifth line of the 2002 ISDA version and the expanded description of “merger events” towards the end of the clause. And the renumbering as a result of the Force Majeure Event clause in the 2002 ISDA.