Template:ISDA Master Agreement 1987 1: Difference between revisions

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{{isda92prov|1}}. '''{{isda92prov|Interpretation}}'''<br>
{{isda87prov|1}}. '''{{isda87prov|Interpretation}}'''<br>
{{isda92prov|1(a)}} '''{{isda92prov|Definitions}}'''. The terms defined in Section {{isda92prov|14}} and in the {{isda92prov|Schedule}} will have the meanings therein specified for the purpose of this {{isda92prov|Master Agreement}}. <br>
{{isda87prov|1(a)}} '''{{isda87prov|Definitions}}'''. The terms defined in Section {{isda87prov|14}} and in the {{isda87prov|Schedule}} will have the meanings therein specified for the purpose of this {{isda87prov|Agreement}}. <br>
{{isda92prov|1(b)}} '''{{isda92prov|Inconsistency}}'''. [[In the event of]] any inconsistency between the provisions of the {{isda92prov|Schedule}} and the other provisions of this {{isda92prov|Master Agreement}}, the {{isda92prov|Schedule}} will prevail. [[In the event of]] any inconsistency between the provisions of any {{isda92prov|Confirmation}} and this {{isda92prov|Master Agreement}} (including the {{isda92prov|Schedule}}), such {{isda92prov|Confirmation}} will prevail for the purpose of the relevant {{isda92prov|Transaction}}.  <br>
{{isda87prov|1(b)}} '''{{isda87prov|Inconsistency}}'''. [[In the event of]] any inconsistency between the provisions of any {{isda87prov|Confirmation}} and this document such {{isda87prov|Confirmation}} will prevail for the purpose of the relevant {{isda87prov|Swap Transaction}}.<br>
{{isda92prov|1(c)}} '''{{isda92prov|Single Agreement}}'''. All {{isda92prov|Transactions}} are entered into in reliance on the fact that this {{isda92prov|Master Agreement}} and all {{isda92prov|Confirmations}} form a single agreement between the parties (collectively referred to as this “{{isda92prov|Agreement}}”), and the parties would not otherwise enter into any {{isda92prov|Transactions}}. <br>

Latest revision as of 09:01, 29 January 2024

1. Interpretation
1(a) Definitions. The terms defined in Section 14 and in the Schedule will have the meanings therein specified for the purpose of this Agreement.
1(b) Inconsistency. In the event of any inconsistency between the provisions of any Confirmation and this document such Confirmation will prevail for the purpose of the relevant Swap Transaction.

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