Template:M summ 2018 CSD Assigned Rights

In which yours truly, finally, satisfyingly, captures the beautiful butterfly that is ISDA’s crack drafting squad™ in his net. For here we read, repeatedly, about “clearance systems”. Elsewhere we read (for example, Section 2(c)(ii), of “clearing systems”.

BANG TO RIGHTS, FELLAS. GOTCHA.

ISDA’s crack drafting squad™, never knowingly out-pedanted, is out-pedanted.