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Multibranch ISDA: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{g}}An {{isdama}} in which at least one of the parties as designated itself as a Multibranch Party — that is, that it can transact out of more than one jurisdiction. Most [...") |
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{{g}}An {{isdama}} in which at least one of the parties as designated itself as a Multibranch Party — that is, that it can transact out of more than one jurisdiction. Most [[broker/dealer]]s will do this and you can read all about it in our glorious [[ISDA Anatomy]] in the {{isdaprov|Offices; Multi-Branch Parties}} clause. | {{g}}An {{isdama}} in which at least one of the parties as designated itself as a [[Multibranch Parties - ISDA Provision|Multibranch Party]] under Section {{isdaprov|10}} — that is, that it can transact out of more than one jurisdiction. Most [[broker/dealer]]s will do this for tax and other reasons and you can read all about it, and our wry commentary as to why, in our glorious [[ISDA Anatomy]] in the {{isdaprov|Offices; Multi-Branch Parties}} clause. | ||
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*[[Offices; Multi-Branch Parties - ISDA Provision]] | *[[Offices; Multi-Branch Parties - ISDA Provision]] | ||