Template:Isda 4(b) summ: Difference between revisions

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The counterpart to the “{{{{1}}}|Consents}}” representation of Section {{{{{1}}}|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 or the future is, as regards governmental [[consents]] is, tremendously controversial, so we do not propose to say anything more about it.
The counterpart to the “{{{{{1}}}|Consents}}” representation of Section {{{{{1}}}|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 or the future is, as regards governmental [[consents]] is, tremendously controversial, so we do not propose to say anything more about it.

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