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Calculation agent: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "As its name suggests, a calculation agent is a person appointed to calculate things, usually in the context of a {{masteragreement}} like an {{isdama}}, a {{gmra}}, a {{gmsla}...") |
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But just who the calculation agent is, and how much discretion it has to determine the calculation without entertaining protest from the other party, is a matter that can occupy a derivatives lawyer for days on end. | But just who the calculation agent is, and how much discretion it has to determine the calculation without entertaining protest from the other party, is a matter that can occupy a derivatives lawyer for days on end. | ||
Spoiler: appointing each party as a [[co-calculation agent]] won’t work. | |||
{{indetail|Calculation Agent}} | {{indetail|Calculation Agent}} | ||