Template:M summ EUA Annex Registry Operation

If ever there were a sign of the half-heartedness of these accursed definitions, this is surely it. The definition of Registry Operation, as a piece of syntax, doesn’t make sense. It is not a complete logical statement.

This is somewhat ameliorated in that the definition only appears once in the document — knee-deep in the clunge of the Suspension Event — in a context that makes it clear what it is meant to say, but still. We think it could be fixed by deleting the words: “, other than by reason of the occurrence of an Administrator Event: ”, and adding that into the already leaden phrasing of the Suspension Event paragraph.

This is what our nutshell version does. There: better than ISDA.