Template:Isda 5(b)(ii) comp: Difference between revisions
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There is no Force Majeure in the {{1992ma}}, though parties would habitually negotiate one in, and by the time the {{2002ma}} was published it was in fairly standardised. For those who didn’t negotiate it in there was also the [[ISDA Illegality/Force Majeure Protocol]] (see [http://www.isda.org/2012illegalityprot/docs/ISDA_Protocol_-_Adoption_of_2002_Illegality_FM_provisions_Final.pdf here]) which they could sign — upon payment of the suitable fee is ISDA — to adopt/incorporate the relevant parts. | '''{{{{{1}}}|Force Majeure Event}}''': There is no Force Majeure in the {{1992ma}}, though parties would habitually negotiate one in, and by the time the {{2002ma}} was published it was in fairly standardised. For those who didn’t negotiate it in there was also the [[ISDA Illegality/Force Majeure Protocol]] (see [http://www.isda.org/2012illegalityprot/docs/ISDA_Protocol_-_Adoption_of_2002_Illegality_FM_provisions_Final.pdf here]) which they could sign — upon payment of the suitable fee is ISDA — to adopt/incorporate the relevant parts. | ||
Latest revision as of 16:37, 25 December 2023
{{{{{1}}}|Force Majeure Event}}: There is no Force Majeure in the 1992 ISDA, though parties would habitually negotiate one in, and by the time the 2002 ISDA was published it was in fairly standardised. For those who didn’t negotiate it in there was also the ISDA Illegality/Force Majeure Protocol (see here) which they could sign — upon payment of the suitable fee is ISDA — to adopt/incorporate the relevant parts.