Counterparts and Confirmations - ISDA Provision: Difference between revisions

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==[[1992 ISDA Master]]==
(e) Counterparts and Confirmations.
(i) This Agreement (and each amendment, modification and waiver in respect of it) may be
executed and delivered in counterparts (including by facsimile transmission), each of which will be
deemed an original.
(ii) The parties intend that they are legally bound by the terms of each {{isdaprov|Transaction}} from the moment
they agree to those terms (whether orally or otherwise). A {{isdaprov|Confirmation}} shall he entered into as
soon as practicable and may he executed and delivered in counterparts (including by facsimile
transmission) or be created by an exchange of telexes or by an exchange of electronic messages on
an electronic messaging system, which in each case will be sufficient for all purposes to evidence
a binding supplement to this Agreement. The parties will specify therein or through another effective
means that any such counterpart, telex or electronic message constitutes a Confirmation.
 
==[[2002 ISDA Master]] Agreement==
(e) Counterparts and Confirmations.
(i) This Agreement (and each amendment, modification and waiver in respect of it) may be executed
and delivered in counterparts (including by facsimile transmission and by electronic messaging system), each
of which will be deemed an original.
(ii) The parties intend that they are legally bound by the terms of each {{isdaprov|Transaction}} from the moment
they agree to those terms (whether orally or otherwise). A {{isdaprov|Confirmation}} will be entered into as soon as
practicable and may be executed and delivered in counterparts (including by facsimile transmission) or be
created by an exchange of telexes, by an exchange of electronic messages on an electronic messaging system
or by an exchange of e-mails, which in each case will be sufficient for all purposes to evidence a binding
supplement to this Agreement. The parties will specify therein or through another effective means that any
such counterpart, telex, electronic message or e-mail constitutes a Confirmation.
 
==Analysis==
No difference between the versions.
 
{{isdaanatomy}}
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