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Force Majeure Event - ISDA Provision: Difference between revisions
Force Majeure Event - ISDA Provision (view source)
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{{fullanat|isda|5(b)(ii)|2002}} | {{fullanat|isda|5(b)(ii)|2002}} | ||
{{ISDAnumberingdiscrepancy}} | {{ISDAnumberingdiscrepancy}} | ||
for the last word on [[force majeure]], the [[JC]]’s [[ultimate force majeure clause]] is where it's at. | |||
Note that, while the {{1992ma}} does not contain the concept of [[force majeure]], there is an [[ISDA Illegality/Force Majeure Protocol]] (see [http://www.isda.org/2012illegalityprot/docs/ISDA_Protocol_-_Adoption_of_2002_Illegality_FM_provisions_Final.pdf here]) which can be signed to adopt/incorporate the relevant parts: | Note that, while the {{1992ma}} does not contain the concept of [[force majeure]], there is an [[ISDA Illegality/Force Majeure Protocol]] (see [http://www.isda.org/2012illegalityprot/docs/ISDA_Protocol_-_Adoption_of_2002_Illegality_FM_provisions_Final.pdf here]) which can be signed to adopt/incorporate the relevant parts: | ||