Inter-affiliate ISDA negotiation: Difference between revisions

Inter-affiliate ISDA negotiation (view source)

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 ''With apologies to [http://www.gutenberg.org/files/1023/1023-h/1023-h.htm Charles Dickens]''
-On such an afternoon some score of members of the Contract Negotiation Specialists Group ought to be — as here they are — mistily engaged in one of the ten thousand stages of an endless cause, tripping one another up on the slippery slope of [[precedent]], groping knee-deep in [[Escalation|escalations]], running their heads against unpunctuated walls of words and making a great pretence of commercial point and counterpoint, as players might.
+On such an afternoon some score of members of the “Contract Negotiation Specialists Group”, as it is for the time being known, are  mistily engaged in one of the ten thousand stages of an endless cause, tripping one another up on the slippery slope of [[precedent]], groping knee-deep in [[Escalation|escalations]], running their heads against unpunctuated walls of words and making a great pretence of commercial point and counterpoint, as players in a cosmic comedy might.
 On such an afternoon the various [[paralegal]]s, [[negotiator]]s, [[alternative legal service provider]]s, [[credit officer]]s in the cause, some two or three of whom have inherited it from a parent, who also made a living out of it, ought to be — as are they not? — arranged in a line, with [[Side letter|side-letter]]s, [[Margin lock-up|margin lock-ups]], [[Credit support document|credit support documents]], [[SFTR disclosures|title-transfer collateral arrangement disclosures]], [[Threshold Amount - ISDA Provision|Cross Default thresholds]], [[Additional Termination Event - ISDA provision|Additional Termination Events]], fee schedules, [[conditions precedent]], [[conditions subsequent]], [[Authorised signatory lists|authorised signatory lists]], audited financial statements, mountains of costly nonsense all, piled before them.