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{{ | {{Manual|MI|2002|4(b)|Section|4(b)|short}} |
Revision as of 17:44, 21 February 2020
2002 ISDA Master Agreement
Section 4(b) in a Nutshell™ Use at your own risk, campers!
Full text of Section 4(b)
Related agreements and comparisons
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Content and comparisons
They’re the same. Exactly the same. They couldn’t even improve the punctuation, yo. Not even for the sake of it.
Summary
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.