Template:Isda Specified Entity comp

They got their over-engineering right in the first go round, and the “{{{{{1}}}|Specified Entity}}” concept is largely the same in the 2002 ISDA as it was in the 1992 ISDA. The {{{{{1}}}|Absence of Litigation}} clause got a makever on 2002 to include {{{{{1}}}|Specified Entities}}, too — in 1992 it only mentioned {{{{{1}}}|Affiliates}}. Good, huh?

Fun fact: in the 1992ma, it says “Specified Entity has the meanings” — plural — “specified in the Schedule.” By 2002, ISDA’s crack drafting squad™ had come back to its senses. JC mentions this only to demonstrate his own unfathomable attention to detail, and to point up a want of fastidiousness on the part of the fastidiousest cabal known to law.