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Amwelladmin (talk | contribs) (Created page with "The basis reason for the delta between the {{1992ma}} and the {{2002ma}} is this: *The whole {{isda92prov|Loss}}/{{isda92prov|Market Quotation}} farrago (and all that {{isda92prov|First Method}} and {{isda92prov|Second Method}} nonsense) is unique to the ’92, replaced by {{isdaprov|Close-out Amount}} in the ’02. That is also where {{isda92prov|Reference Market-maker}}s, {{isda92prov|Settlement Amount}}s and so on come from. *{{isdaprov|Force Majeure Event}} under Sec...") |
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The basis reason for the delta between the {{1992ma}} and the {{2002ma}} is this: | [[Definitions - ISDA Provision|The]] basis reason for the delta between the {{1992ma}} and the {{2002ma}} is this: | ||
*The whole {{isda92prov|Loss}}/{{isda92prov|Market Quotation}} farrago (and all that {{isda92prov|First Method}} and {{isda92prov|Second Method}} nonsense) is unique to the ’92, replaced by {{isdaprov|Close-out Amount}} in the ’02. That is also where {{isda92prov|Reference Market-maker}}s, {{isda92prov|Settlement Amount}}s and so on come from. | *The whole {{isda92prov|Loss}}/{{isda92prov|Market Quotation}} farrago (and all that {{isda92prov|First Method}} and {{isda92prov|Second Method}} nonsense) is unique to the ’92, replaced by {{isdaprov|Close-out Amount}} in the ’02. That is also where {{isda92prov|Reference Market-maker}}s, {{isda92prov|Settlement Amount}}s and so on come from. | ||
*{{isdaprov|Force Majeure Event}} under Section {{isdaprov|5(b)(ii)}} is new to the ’02. | *{{isdaprov|Force Majeure Event}} under Section {{isdaprov|5(b)(ii)}} is new to the ’02. | ||
*{{isdaprov|Illegality}} is built out to include the {{isdaprov|Waiting Period}} concept (also used in {{isdaprov|Force Majeure Event}} come to think of it). | *{{isdaprov|Illegality}} is built out to include the {{isdaprov|Waiting Period}} concept (also used in {{isdaprov|Force Majeure Event}} come to think of it). | ||
*{{isdaprov|Set-off}} under Section {{isdaprov|6(f)}} is new to the ’02. | *{{isdaprov|Set-off}} under Section {{isdaprov|6(f)}} is new to the ’02. | ||