Representations - ISDA Provision: Difference between revisions
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{{isdaquote|{{isdaprov|3}}. {{isdaprov|Representations}}<br> | {{isdaquote|{{isdaprov|3}}. {{isdaprov|Representations}}<br> | ||
Each party makes the representations contained in Sections 3(a), 3(b), 3(c), 3(d), 3(e) and 3(f) and, if specified in the <br> | Each party makes the representations contained in Sections {{isdaprov|3(a)}}, {{isdaprov|3(b)}}, {{isdaprov|3(c)}}, {{isdaprov|3(d)}}, {{isdaprov|3(e)}} and {{isdaprov|3(f)}} and, if specified in the <br> | ||
Schedule as applying, 3(g) to the other party (which representations will be deemed to be repeated by each party on each date <br> | Schedule as applying, {{isdaprov|3(g)}} to the other party (which representations will be deemed to be repeated by each party on each date <br> | ||
on which a {{isdaprov|Transaction}} is entered into and, in the case of the representations in Section 3(f), at all times until the <br> | on which a {{isdaprov|Transaction}} is entered into and, in the case of the representations in Section 3(f), at all times until the <br> | ||
termination of this Agreement). If any “{{Isdaprov|Additional Representation}}” is specified in the Schedule or any Confirmation as <br> | termination of this Agreement). If any “{{Isdaprov|Additional Representation}}” is specified in the Schedule or any Confirmation as <br> | ||
| Line 9: | Line 9: | ||
such Additional Representation at the time or times specified for such {{isdaprov|Additional Representation}}.|3|2002}} | such Additional Representation at the time or times specified for such {{isdaprov|Additional Representation}}.|3|2002}} | ||
{{isdaprov|3(a)}} {{isdaprov|Basic Representations}}<br> | |||
{{isdaprov|3(b)}} {{isdaprov|Absence of certain events}}<br> | |||
{{isdaprov|3(c)}} {{isdaprov|Absence of litigation}}<br> | |||
{{isdaprov|3(d)}} {{isdaprov|Accuracy of Specified Information}}<br> | |||
{{isdaprov|3(e)}} {{isdaprov|Payer Tax Representations}}<br> | |||
{{isdaprov|3(f)}} {{isdaprov|Payee Tax Representations}}<br> | |||
{{isdaprov|3(g)}} {{isdaprov|No Agency}}<br> | |||
*{{isdasplink|Representations}} | *{{isdasplink|Representations}} | ||
{{isdaanatomy}} | {{isdaanatomy}} | ||
Revision as of 09:35, 12 July 2012
2002 ISDA
2002 ISDA
3. Representations
Each party makes the representations contained in Sections 3(a), 3(b), 3(c), 3(d), 3(e) and 3(f) and, if specified in the
Schedule as applying, 3(g) to the other party (which representations will be deemed to be repeated by each party on each date
on which a Transaction is entered into and, in the case of the representations in Section 3(f), at all times until the
termination of this Agreement). If any “Additional Representation” is specified in the Schedule or any Confirmation as
applying, the party or parties specified for such Additional Representation will make and, if applicable, be deemed to repeat
such Additional Representation at the time or times specified for such Additional Representation.
(view template)
3(a) Basic Representations
3(b) Absence of certain events
3(c) Absence of litigation
3(d) Accuracy of Specified Information
3(e) Payer Tax Representations
3(f) Payee Tax Representations
3(g) No Agency