1992 ISDA Master Agreement

ISDA Anatomy™ incorporating our exclusive ISDA in a NutshellTM Resources Wikitext | Nutshell wikitext | 1992 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA | JC’s ISDA code project Navigation Preamble | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 Events of Default: 5(a)(i) Failure to Pay or Deliver • 5(a)(ii) Breach of Agreement • 5(a)(iii) Credit Support Default • 5(a)(iv) Misrepresentation • 5(a)(v) Default Under Specified Transaction • 5(a)(vi) Cross Default • 5(a)(vii) Bankruptcy • 5(a)(viii) Merger without Assumption • Termination Events: 5(b)(i) Illegality • 5(b)(ii) Force Majeure Event • 5(b)(iii) Tax Event • 5(b)(iv) Tax Event Upon Merger • 5(b)(v) Credit Event Upon Merger • 5(b)(vi) Additional Termination Event Index — Click ᐅ to expand: ► 2002 ISDA ► 1992 ISDA Get in touch Comments? Questions? Suggestions? Requests? Sign up for our newsletter? Questions? We’d love to hear from you. BREAKING: Get the new weekly newsletter here Old editions here

A comparison between the 1992 ISDA and the 2002 ISDA can be found on the ISDA Comparison page.

• 2002 ISDA

---

See the 1992 ISDA wikitext for the full tomato.

Structure of the 1992 ISDA

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

2 Obligations 2(a) General Conditions including the magnificent Section 2(a)(iii) 2(b) Change of Account 2(c) Netting 2(d) Deduction or Withholding for Tax 2(e) Default Interest

3 Representations 3(a) Basic Representations 3(b) Absence of Certain Events 3(c) Absence of Litigation 3(d) Accuracy of Specified Information 3(e) Payer Tax Representations 3(f) Payee Tax 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(a)(i) Failure to Pay or Deliver 5(a)(ii) Breach of Agreement 5(a)(iii) Credit Support Default 5(a)(iv) Misrepresentation 5(a)(v) Default Under Specified Transaction 5(a)(vi) Cross Default 5(a)(vii) Bankruptcy 5(a)(viii) Merger Without Assumption 5(b) Termination Events 5(b)(i) Illegality 5(b)(ii) Tax Event 5(b)(iii) Tax Event Upon Merger 5(b)(iv) Credit Event Upon Merger 5(b)(v) Additional Termination Event 5(c) Event of Default and Illegality

6 Early Termination 6(a) Right to Terminate following Event of Default 6(b) Right to Terminate following Termination Event 6(b)(i) Notice (of Termination Event) 6(b)(ii) Transfer to Avoid Termination Event 6(b)(iii) Two Affected Parties 6(b)(iv) Right to Terminate 6(c) Effect of Designation 6(d) Calculations 6(e) Payments on Early Termination 6(e)(i) Events of Default (Early Termination Payments) 6(e)(ii) Termination Events (Early Termination Payments) 6(e)(iii) Adjustment for Bankruptcy (Early Termination Payments) 6(e)(iv) (Pre-Estimate (Early Termination Payments)

7 Transfer

8 Contractual Currency 8(a) Payment in Contractual Currency 8(b) Judgments 8(c) Separate Indemnities 8(d) Evidence of Loss

9 Miscellaneous 9(a) Entire Agreement 9(b) Amendments 9(c) Survival of Obligations 9(d) Remedies Cumulative 9(e) Counterparts and Confirmations 9(f) No Waiver of Rights 9(g) Headings

10 Offices; Multibranch Parties

11 Expenses

12 Notices 12(a) Effectiveness 12(b) Change of Addresses

13 Governing Law 13(a) Governing Law 13(b) Jurisdiction 13(c) Service of Process 13(d) Waiver of immunities

14 Definitions Additional Termination Event Affected Party Affected Transactions Affiliate Applicable Rate Burdened Party Change in Tax Law consent Credit Event Upon Merger Credit Support Document Credit Support Provider Default Rate Defaulting Party Early Termination Date Event of Default Illegality Indemnifiable Tax law Local Business Day Loss Market Quotation Non-default Rate Non-defaulting Party Office Potential Event of Default Reference Market-makers Relevant Jurisdiction Scheduled Payment Date Set-off Settlement Amount Specified Entity Specified Indebtedness Specified Transaction Stamp Tax Tax Tax Event Tax Event Upon Merger Terminated Transactions Termination Currency Termination Currency Equivalent Termination Event Termination Rate Unpaid Amounts

See also

• ISDA Anatomy.