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Determination agent: Difference between revisions
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One who ''determines'' things on behalf of contracting counterparties. To be compared and contrasted with a [[ | One who ''determines'' things on behalf of contracting counterparties. To be compared and contrasted with a [[calculation agent]], who ''calculates'' things on behalf of contracting counterparties. | ||
Do | Do “calculation” and “determination” differ? | ||
Not as far as this correspondent can see. But that won't stop [[Mediocre lawyer|over-enthusiastic members of the bar]] waxing lengthily about how they do. Note the different roles played by the {{eqderivprov|Calculation Agent}} and the {{eqderivprov|Determination Agent}} in the {{eqdefs}}. | Not as far as this correspondent can see. But that won't stop [[Mediocre lawyer|over-enthusiastic members of the bar]] waxing lengthily about how they do. Note the different roles played by the {{eqderivprov|Calculation Agent}} and the {{eqderivprov|Determination Agent}} in the {{eqdefs}}. | ||
{{ | {{sa}} | ||
*[[Calculation Agent]] | *[[Calculation Agent]] | ||
*{{eqderivprov|Determination Agent}} ({{eqdefs}}) | *{{eqderivprov|Determination Agent}} ({{eqdefs}}) | ||