Confirmation - ISDA Provision

2002 ISDA Master Agreement A Jolly Contrarian owner’s manual Section preamble in a Nutshell™ Use at your own risk, campers! 2002 ISDA Master Agreement between [SPECIFY] and [SPECIFY] will enter into “Transactions” governed by this Agreement, the Schedule, and a Confirmation. This Agreement and the Schedule together comprise the “Master Agreement”. The parties agree as follows:― view template Section preamble in full 2002 ISDA Master Agreement between [SPECIFY] and [SPECIFY] have entered and/or anticipate entering into one or more transactions (each a “Transaction”) that are or will be governed by this 2002 Master Agreement, which includes the schedule (the “Schedule”), and the documents and other confirming evidence (each a “Confirmation”) exchanged between the parties or otherwise effective for the purpose of confirming or evidencing those Transactions. This 2002 Master Agreement and the Schedule are together referred to as this “Master Agreement”. Accordingly, the parties agree as follows:― view template Related agreements and comparisons Related Agreements Click here for the text of Section preamble in the 1992 ISDA Comparisons Template:Isdadiff preamble Resources and navigation 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

Content and comparisons

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Summary

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General discussion

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See also

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References

Is the confirmation the binding legal agreement, or is it the oral communication between the traders? Before you answer, consider the Entire Agreement clause, and its traditionally understood impact on parol evidence.