1992 ISDA Master Agreement
A Jolly Contrarian owner’s manual™
4(c) in a Nutshell™
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4(c) in all its glory
|4(c) Comply with Laws
. It will comply in all material respects with all applicable laws and orders to which it may be subject if failure so to comply would materially impair its ability to perform its obligations under this Agreement or any Credit Support Document
to which it is a party.
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Section 4(c) represents another impeachable outing for the 1992 all-star line-up of ISDA’s crack drafting squad™. Their successors, a decade down the line, couldn’t see any way to improve on their work. The two versions are thus the same.
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