(but need not): Difference between revisions

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{{pe}}As in “The Calculation Agent may (but need not) determine the appropriate correction or repayment, if any”. Popular amongst members of an [[ISDA drafting committee]].
{{a|drafting|}}As in “The Calculation Agent may (but need not) determine the appropriate correction or repayment, if any”. Popular amongst combat veterans members of {{icds}}.


Useful for those [[Mediocre lawyer|diligent attorneys]] who are not entirely sure of the meaning of the world "may", or the concept of a [[discretion]]. JOG ON.
Useful for those who are not entirely sure of the meaning of the world "may", or the concept of a [[discretion]].

Revision as of 05:47, 19 September 2022

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As in “The Calculation Agent may (but need not) determine the appropriate correction or repayment, if any”. Popular amongst combat veterans members of ISDA’s crack drafting squad™.

Useful for those who are not entirely sure of the meaning of the world "may", or the concept of a discretion.