Calculations - ISDA Provision: Difference between revisions

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{{isdaanat|6(d)}}
{{isdaanat|6(d)}}
A popular parlour game amongst those [[negotiator|pedants]] who insist on using the {{1992ma}} is to laboriously upgrade every inconsistent provision to the {{2002ma}} standard. You might well ask why, but then you might well ask why anybody watches films from the ''Fast and Furious'' franchise. ''Because they can''.  Or, possibly, to preserve the slightly more generous [[grace period]]s for {{isdaprov|Failure to Pay}}<ref>Three days in the {{1992ma}} versus one in the {{2002ma}}.</ref>and {{isdaprov|Bankruptcy}}<Thirty days in the {{1992ma}} versus 15 in the {{2002ma}}.</ref> (in which case, downgrade the new version, wouldn't you? But no).
A popular parlour game amongst those [[negotiator|pedants]] who insist on using the {{1992ma}} is to laboriously upgrade every inconsistent provision to the {{2002ma}} standard. You might well ask why, but then you might well ask why anybody watches films from the ''Fast and Furious'' franchise. ''Because they can''.  Or, possibly, to preserve the slightly more generous [[grace period]]s for {{isdaprov|Failure to Pay}}<ref>Three days in the {{1992ma}} versus one in the {{2002ma}}.</ref> and {{isdaprov|Bankruptcy}}<ref>Thirty days in the {{1992ma}} versus 15 in the {{2002ma}}.</ref> (in which case, downgrade the new version, wouldn't you? But no).
 
This clause has nothing to do with [[grace period]]s, so expect to see it modified.
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[[File:Payment Date diff.png|center|thumb|450px|Differences between {{1992ma}} and {{2002ma}}]]
[[File:Payment Date diff.png|center|thumb|450px|Differences between {{1992ma}} and {{2002ma}}]]
<small>'''Previous''':  {{isdaprov|6(a)}}  |  {{isdaprov|6(b)}}  |  {{isdaprov|6(c)}}  '''Next''':  {{isdaprov|6(e)}} </small>
<small>'''Previous''':  {{isdaprov|6(a)}}  |  {{isdaprov|6(b)}}  |  {{isdaprov|6(c)}}  '''Next''':  {{isdaprov|6(e)}} </small>