Electronic messages - ISDA Provision

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2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

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Section electronic messages in a Nutshell

Use at your own risk, campers!
electronic messages” and “electronic messaging systemexcludes e-mails but includes XML documents and similar markup languages.

Full text of Section electronic messages

electronic messages” does not include e-mails but does include documents expressed in markup languages, and “electronic messaging system” will be construed accordingly.

Related agreements and comparisons

Related Agreements
Click here for the text of Section electronic messages in the 1992 ISDA
Comparisons
Template:Isdadiff electronic messages

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Content and comparisons

No equivalent definition in the 1992 ISDA. There wasn’t really such a thing as email back then.

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Summary

An innocuous definition you would think but you would be wrong. For behold: an electronic message excludes e-mail. This was a persuasive factor in the learned judge’s idiosyncratic reasoning in the great case of Greenclose v National Westminster Bank plc, a case that illustrates the point that little old ladies make bad law.

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See also

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References