Template:M summ 2002 ISDA Schedule

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The Schedule is where the parties make their elections, customised representations, and any other amendments to the form of the ISDA that they want to apply across the board. Thus the Schedule is the heart of the ISDA negotiation. It is famously divided into five parts, of which you will spend most of your time in Parts 1 and 5.

Part 1 - Termination Provisions

(a) Specified Entity
(b) Specified Transaction
(c) Cross Default
(d) Credit Event Upon Merger
(e) Automatic Early Termination
(f) Termination Currency
(g) Additional Termination Event

Part 2 - Tax Representations

(a) Payer Tax Representations
(b) Payee Tax Representations

Part 3 - Agreement to Deliver Documents

(a) Tax forms, documents or certificates to be devlivered
(b) Other documents to be delivered

Part 4 - Miscellaneous

(a) Addresses for Notices
(b) Process Agent
(c) Offices
(d) Multibranch Party
(e) Calculation Agent
(f) Credit Support Document
(g) Credit Support Provider
(h) Governing Law
(i) Netting of Payments
(j) Affiliate

Part 5 - Other Provisions