Payer Tax Representation - ISDA Provision

2002 ISDA Master Agreement

A Jolly Contrarian owner’s manual™

3(e) in a Nutshell™

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3(e) in all its glory

3(e) Payer Tax Representation. Each representation specified in the Schedule as being made by it for the purpose of this Section 3(e) is accurate and true. edit

Related agreements and comparisons

Click here* for the text of Section 3(e) in the 1992 ISDA* Click to compare* this section in the 1992 ISDA and 2002 ISDA*.

Resources and Navigation

This provision in the 1992 Resources Wikitext \| Nutshell wikitext \| 1992 ISDA wikitext \| 2002 vs 1992 Showdown \| 2006 ISDA Definitions \| 2008 ISDA \| JC’s ISDA code project Navigation Preamble \| 1 \| 2 \| 3 \| 4 \| 5 \| 6 \| 7 \| 8 \| 9 \| 10 \| 11 \| 12 \| 13 \| 14 Events of Default: 5(a)(i) Failure to Pay or Deliver • 5(a)(ii) Breach of Agreement • 5(a)(iii) Credit Support Default • 5(a)(iv) Misrepresentation • 5(a)(v) Default Under Specified Transaction • 5(a)(vi) Cross Default • 5(a)(vii) Bankruptcy • 5(a)(viii) Merger without Assumption • Termination Events: 5(b)(i) Illegality • 5(b)(ii) Force Majeure Event • 5(b)(iii) Tax Event • 5(b)(iv) Tax Event Upon Merger • 5(b)(v) Credit Event Upon Merger • 5(b)(vi) Additional Termination Event Index: Click ᐅ to expand: 2002 ISDA - Premium 1992 ISDA - Premium

Overview

No change between Section 3(e) of the 1992 ISDA and Section 3(e) of the 2002 ISDA. To be fair, what’s there to change?

You’ll find the usual form of the Payer Tax Representations in Part 2(a) of the Schedule. They aren’t usually amended.

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