Maintain Authorisations - 1992 ISDA Provision
1992 ISDA Master Agreement
Section 4(b) in full
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They’re the same. Exactly the same. They couldn’t even improve the punctuation, yo. Not even for the sake of it.
The counterpart to the “Consents” representation of Section 3(a)(iv), only about the future, neatly illustrating the difference between a representation, being a declaration of fact about the state of the world in the present or past, and a covenant, being a solemn promise to do something about it in the future. Neither the past nor the future is, as regards governmental consents, tremendously controversial, or even interesting, so we do not propose to say anything more about it.