Remedies Cumulative - ISDA Provision

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2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

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Section 9(d) in a Nutshell

Use at your own risk, campers!
9(d) Remedies Cumulative. Except otherwise stated, a party’s rights under this Agreement are additional to any rights it happens to have at law.

Full text of Section 9(d)

9(d) Remedies Cumulative. Except as provided in this Agreement, the rights, powers, remedies and privileges provided in this Agreement are cumulative and not exclusive of any rights, powers, remedies and privileges provided by law.

Related agreements and comparisons

Related Agreements
Click here for the text of Section 9(d) in the 1992 ISDA
Comparisons
Template:Isdadiff 9(d)

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Content and comparisons

9 Miscellaneous

9(a) Entire Agreement
9(b) Amendments
9(c) Survival of Obligations
9(d) Remedies Cumulative
9(e) Counterparts and Confirmations
9(f) No Waiver of Rights
9(g) Headings
9(h) Interest and Compensation (2002 ISDA only)

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Summary

Is this intended to allow concurrent liability between contract and tort? Or is it just harmlessly stating the obvious?

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General discussion

Template:M gen 2002 ISDA 9(d)

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See also

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References