ISDA Master Agreement - Equity Derivatives Provision
Overview
Ain’t you glad you’re alive? But, we wonder, do you feel quite so well-disposed to the person who drafted this little nugget? In fairness, it could be worse: ISDA’s crack drafting squad™ might have decided to define Affiliate differently for Equity Derivatives than under the main ISDA. They have done that sort of thing before.
Summary
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- The JC’s famous Nutshell™ summary of this clause