ISDA Anatomy

Anatomies

This is one of Amwell Clear’s master agreement anatomies. Anatomies are indexed analyses of the clauses in common master agreements and regulatory handbooks. More are planned.
Anatomy™: AIFMD | CASS | COBS | Conference calls | Confis | CRR | CSA | EMIR | Equity Derivatives | FOA PCA | FUND | GMRA | GMSLA | ISDA | OSLA | PB | Swapclear | UCITS

Structure of the ISDA Master Agreement

1 Interpretation

1(a) Definitions
1(b) Inconsistency
1(c) Single Agreement

2 Obligations

2(a) General Conditions (incl Section 2(a)(iii))
2(b) Change of Account
2(c) Netting
2(d) Deduction or Withholding for Tax

3 Representations

4 Agreements

4(a) Furnish Specified Information
4(b) Maintain Authorisations
4(c) Comply with Laws
4(d) Tax Agreement
4(e) Payment of Stamp Tax

5 Events of Default and Termination Events

• 5(a) Events of Default
  
• 5(b) Termination Events
  
• 5(c) Event of Default and Illegality
  
• 5(c) Hierarchy of Events
  

6 Early Termination

• 6(a) Right to Terminate following Event of Default
  
• 6(b) Right to Terminate following Termination Event
  
• 6(c) Effect of Designation
  
• 6(d) Calculations
  
• 6(e) Payments on Early Termination
  
• 6(f) Set Off