(but need not)

The JC’s guide to writing nice.™

Index: Click ᐅ to expand: Plain English Drafting

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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.