Deduction or Withholding for Tax - ISDA Provision: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{tocbuilder|ISDA|2002|2(d)}} | {{tocbuilder|ISDA|2002|2(d)}} | ||
{{ | <blockquote class="toccolours" style="float:none; padding: 10px 15px 10px 15px; display:table;"> {{{1}}} | ||
<p style="text-align: right;"> — <cite>''Section {{isdaprov|{{{2}}}}}, {{{{{3}}}ma}} ''</cite></p> | |||
<small>[https://jollycontrarian.com/index.php?title=Template:ISDA_Master_Agreement_{{{3}}}_{{{2}}}&action=edit edit template] | [https://jollycontrarian.com/index.php?title=Template:ISDA_Master_Agreement_{{{3}}}_{{{2}}} view template]</small></blockquote> | |||
==Commentary== | ==Commentary== | ||
Revision as of 14:24, 6 November 2012
Template:ISDA 2002 Section 2(d) TOC
{{{1}}}
— Section [[{{{2}}} - ISDA Provision|{{{2}}}]], {{{{{3}}}ma}}
Commentary
Observant and diligent scholars will notice that these two clauses are, more or less, identical.
Observant and less obedient scholars will remark how much of a pig's ear the ISDA drafting committee can make of drafting a relatively simple concept and, given a once-in-a-decade opportunity to improve its first attempt in the 1992 ISDA, how in 2002 the combined intellectual might of ISDA, its members, friends and relations, and their divers counsel, retinue and entourage, couldn't.
This is, therefore, the apex of all possible derivatives drafting. Make you feel great to be alive, doesn't it.