Amwelladmin

2023 ISDA Digital Asset Transactions Definitions A Jolly Contrarian owner’s manual™ Resources and navigation 2023 ISDA Digital Asset Transactions Definitions: 1 • 2 • 3 • 4 • 5 • 6 • 7 • 8 • Settlement Price Source Matrix Wikitext: Full • Nutshell Crypto-resources from around the JC: Crypto asset • Blockchain • Distributed ledger • Non-fungible token • CryptöagleIndex: Click ᐅ to expand: Digital Assets Cryptobabble Section 1 in a Nutshell™ Use at your own risk, campers! Template:Nutshell Digital Assets 1 view template Full text of Section 1 1 Architecture 1.1 Digital Asset Definitions: “Digital Asset Definitions” means the ISDA Digital Asset Definitions, which include the Settlement Price Source Matrix, each as published by ISDA on its “MyLibrary” platform (or any successor platform) in “contractual text” format. 1.2 Settlement Price Source Matrix: “Settlement Price Source Matrix” means the “Digital Asset Definitions Settlement Price Source Matrix”. 1.3 Application of the Digital Asset Definitions: Unless otherwise agreed, the latest version of the Digital Asset Definitions on the Trade Date of a Transaction will apply to such Transaction or, if they are specified to apply to only part of the Transaction, to that part of the Transaction, and will not be affected by any further updates in a later dated version of the Digital Asset Definitions. In order to exclude any amendments made to the Digital Asset Definitions pursuant to a subsequent version (whether to the Digital Asset Definitions generally or to the Settlement Price Source Matrix), the parties must specify the version of the Digital Asset Definitions they wish to apply. 1.4 Application of the Settlement Price Source Matrix 1.4.1 If the terms of a Transaction refer to the Settlement Price Source Matrix, the latest version of that matrix on the Trade Date of the Transaction will be deemed to have been specified in the Confirmation. 1.4.2 In the event of any inconsistency between the Settlement Price Source Matrix and the Confirmation, the Confirmation will prevail. 1.5 Application of the Digital Asset Definitions to Parties: Any term used in a Confirmation will, when used in respect of a party, or a definition relating to a party, apply in respect of that party only. 1.6 ISDA: “ISDA” means the International Swaps and Derivatives Association, Inc. (or any successor). 1.7 ISDA Master Agreement: “ISDA Master Agreement” means the ISDA Master Agreement, if any, between the parties and referred to in the Confirmation. 1.8 Transaction: “Transaction” means a Transaction that incorporates the Digital Asset Definitions (or a part of them, provided that such partial incorporation is effected by express reference to the Digital Asset Definitions). 1.9 Confirmation 1.9.1 “Confirmation” means, in respect of a Transaction, one or more documents or other confirming evidence exchanged between the parties (including by means of an electronic messaging system, e-mail or electronic platform), or which are otherwise effective for the purpose of confirming that Transaction, and which taken together confirm all the terms of that Transaction. 1.9.2 References in the Digital Asset Definitions to details “as specified” refer to Transaction details agreed between the parties in the related Confirmation. 1.9.3 In the event of any inconsistency between the Confirmation and the Digital Asset Definitions, the Confirmation will prevail. 1.10 Conditions Precedent: Any payment or delivery obligation contained in the Digital Asset Definitions is subject to any condition precedent to a payment or delivery obligation specified in the ISDA Master Agreement. view template Related agreements and comparisons Related Agreements Click here for the text of Section 1 in the 2002 ISDA Equity Derivatives Definitions which is, in its way, somewhat analogous. But not necessarily that analogous. Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

Content and comparisons

Template

Summary

Template

See also

Template

References

==PART I: PRELIMINARY== {{Book|MI|2002|1}} {{Book|MI|2002|2}} {{Book section|MI|2002|2(a)}} {{Book section|MI|2002|2(b)}} {{Book section|MI|2002|2(c)}} {{Book section|MI|2002|2(d)}} {{Book|MI|2002|3}} {{Book section|MI|2002|3(a)}} {{Book section|MI|2002|3(b)}} {{Book section|MI|2002|3(c)}} {{Book section|MI|2002|3(d)}} {{Book section|MI|2002|3(e)}} {{Book section|MI|2002|3(f)}} {{Book|MI|2002|4}} ==PART II: SECTION 5 DEFAULT AND EARLY TERMINATION== {{Book|MI|2002|5(a)}} {{Book section|MI|2002|5(a)(i)}} {{Book section|MI|2002|5(a)(ii)}} {{Book section|MI|2002|5(a)(iii)}} {{Book section|MI|2002|5(a)(iv)}} {{Book section|MI|2002|5(a)(v)}} {{Book section|MI|2002|5(a)(vi)}} {{Book section|MI|2002|5(a)(vii)}} {{Book section|MI|2002|5(a)(viii)}} {{Book|MI|2002|5(b)}} {{Book section|MI|2002|5(b)(i)}} {{Book section|MI|2002|5(b)(ii)}} {{Book section|MI|2002|5(b)(iii)}} {{Book section|MI|2002|5(b)(iv)}} {{Book section|MI|2002|5(b)(v)}} {{Book section|MI|2002|5(b)(vi)}} {{Book|MI|2002|5(c)}} {{Book|MI|2002|5(d)}} ==PART III: SECTION 6 CLOSE OUT== {{Book|MI|2002|6(a)}} {{Book|MI|2002|6(b)}} {{Book section|MI|2002|6(b)(i)}} {{Book section|MI|2002|6(b)(ii)}} {{Book section|MI|2002|6(b)(ii)}} {{Book section|MI|2002|6(b)(iv)}} {{Book|MI|2002|6(c)}} {{Book|MI|2002|6(d)}} {{Book|MI|2002|6(e)}} {{Book|MI|2002|6(f)}} ==PART IV: BOILERPLATE {{Book|MI|2002|7}} {{Book|MI|2002|8}} {{Book|MI|2002|9}} {{Book section|MI|2002|9(a)}} {{Book section|MI|2002|9(b)}} {{Book section|MI|2002|9(c)}} {{Book section|MI|2002|9(d)}} {{Book section|MI|2002|9(e)}} {{Book section|MI|2002|9(f)}} {{Book section|MI|2002|9(g)}} {{Book|MI|2002|10}} {{Book|MI|2002|11}} {{Book|MI|2002|12}} {{Book|MI|2002|13}} {{Book|MI|2002|14}} {{Book section|MI|2002|Additional Representation}} {{Book section|MI|2002|Additional Termination Event}} {{Book section|MI|2002|Affected Party}} {{Book section|MI|2002|Affected Transactions}} {{Book section|MI|2002|Affiliate}} {{Book section|MI|2002|Agreement}} {{Book section|MI|2002|Applicable Close-out Rate}} {{Book section|MI|2002|Applicable Deferral Rate}} {{Book section|MI|2002|Automatic Early Termination}} {{Book section|MI|2002|Burdened Party}} {{Book section|MI|2002|Change in Tax Law}} {{Book section|MI|2002|Close-out Amount}} {{Book section|MI|2002|Confirmation}} {{Book section|MI|2002|consent}} {{Book section|MI|2002|Contractual Currency}} {{Book section|MI|2002|Convention Court}} {{Book section|MI|2002|Credit Event Upon Merger}} {{Book section|MI|2002|Credit Support Document}} {{Book section|MI|2002|Credit Support Provider}} {{Book section|MI|2002|Cross-Default}} {{Book section|MI|2002|Defaulting Party}} {{Book section|MI|2002|Designated Event}} {{Book section|MI|2002|Determining Party}} {{Book section|MI|2002|Early Termination Amount}} {{Book section|MI|2002|Early Termination Date}} {{Book section|MI|2002|electronic messages}} {{Book section|MI|2002|English law}} {{Book section|MI|2002|Event of Default}} {{Book section|MI|2002|Force Majeure Event}} {{Book section|MI|2002|General Business Day}} {{Book section|MI|2002|Illegality}} {{Book section|MI|2002|Indemnifiable Tax}} {{Book section|MI|2002|law}} {{Book section|MI|2002|Local Business Day}} {{Book section|MI|2002|Local Delivery Day}} {{Book section|MI|2002|Master Agreement}} {{Book section|MI|2002|Merger Without Assumption}} {{Book section|MI|2002|Multiple Transaction Payment Netting}} {{Book section|MI|2002|Non-affected Party}} {{Book section|MI|2002|Non-default Rate}} {{Book section|MI|2002|Non-defaulting Party}} {{Book section|MI|2002|Office}} {{Book section|MI|2002|Other Amounts}} {{Book section|MI|2002|Payee}} {{Book section|MI|2002|Payer}} {{Book section|MI|2002|Potential Event of Default}} {{Book section|MI|2002|Proceedings}} {{Book section|MI|2002|Process Agent}} {{Book section|MI|2002|rate of exchange}} {{Book section|MI|2002|Relevant Jurisdiction}} {{Book section|MI|2002|Schedule}} {{Book section|MI|2002|Scheduled Settlement Date}} {{Book section|MI|2002|Set-off}} {{Book section|MI|2002|Specified Entity}} {{Book section|MI|2002|Specified Indebtedness}} {{Book section|MI|2002|Specified Transaction}} {{Book section|MI|2002|Stamp Tax}} {{Book section|MI|2002|Stamp Tax Jurisdiction}} {{Book section|MI|2002|Tax}} {{Book section|MI|2002|Tax Event}} {{Book section|MI|2002|Tax Event Upon Merger}} {{Book section|MI|2002|Terminated Transactions}} {{Book section|MI|2002|Termination Currency}} {{Book section|MI|2002|Termination Currency Equivalent}} {{Book section|MI|2002|Termination Event}} {{Book section|MI|2002|Termination Rate}} {{Book section|MI|2002|Threshold Amount}} {{Book section|MI|2002|Transaction}} {{Book section|MI|2002|Unpaid Amounts}} {{Book section|MI|2002|Waiting Period}}