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| {{tocbuilder|ISDA|2002|2(d)}} | | {{newisdamanual|2(d)|}} |
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| ====Commentary====
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| You can revel in the full heft of these provisions in below. Observant and diligent scholars will notice that the {{1992ma}} and the {{2002ma}} versions of this clause, 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 {{1992ma}}, how in 2002 the combined intellectual might of ISDA, its members, friends and relations, and their divers counsel, retinue and entourage, couldn't.
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| This is, therefore, the apex of all possible derivatives drafting. Especially the triple negative in {{isdaprov|Indemnifiable Tax}}. Make you feel great to be alive, doesn't it. I bet you wish it could be simplified. Here: let *me* have a go.
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| {{nuts|ISDA|Gross-Up}}
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| {{Withholding under ISDA}}
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| ===The actual provisions===
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| {{isdasnap|2(d)(i)}}
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| {{isdasnap|2(d)(ii)}}
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| {{isdaanatomy}}
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| }} | |