Headings - 1992 ISDA Provision

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1992 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

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Section 9(g) in a Nutshell

Use at your own risk, campers!
9(g) Headings. Headings in this Agreement are for convenience only and should not be considered when interpreting this Agreement.

Full text of Section 9(g)

9(g) Headings. The headings used in this Agreement are for convenience of reference only and are not to affect the construction of or to be taken into consideration in interpreting this Agreement.

Related agreements and comparisons

Related Agreements
Click here for the text of Section 9(g) in the 2002 ISDA
The two versions of Section 9(g) are identical.

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Yet more unimpeachably excellent work from the class of ’92. No changes here in the 2002 ISDA.



So suddenly, in Section 9(g) of all places, the members of ISDA’s crack drafting squad™ wake up out of their collective fever dream, and this is what they say: It’s like, “okay, so we wrote them; we did put them here — hands up, we admit it — but we don’t mean anything by them”. And what is a fellow to make of the headings before Section 9 that, short days ago, being a logical fellow, I read, enjoyed and imbued with symbolic meaning? Am I supposed to just throw that crystalline construct away now? It just seems such a waste.

Don’t you just love lawyers?


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