Comply With Laws - ISDA Provision: Difference between revisions

Latest revision as of 13:15, 9 January 2022

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	~~{{isdaanat\|4(c)}}~~		#redirect[[Agreements - ISDA Provision]]
	Hardly controversial that one must obey the law, but note this apparently inoffensive covenant converts that general public obligation into a private civil one, with definitive commercial consequences to your counterparty, hence the couching of the language in terms of materiality (twice) and specific ability to perform obligations under the {{isdama}}.