82,891
edits
Amwelladmin (talk | contribs) (Created page with "Excellent celery that will fill out any drafting that looks a bit thin. It may look like — and is, truth be told — a pointless nominalisation, but this will not st...") |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
Excellent [[celery]] that will fill out any drafting that looks a bit thin. It may look like — and is, truth be told — a pointless [[nominalisation]], but this will not stop [[Mediocre lawyer|assiduous attorneys]] defending it with their miserable little lives: | Excellent [[celery]] that will fill out any drafting that looks a bit thin. It may look like — and is, truth be told — a pointless [[nominalisation]]<ref>in that it converts the verb “equals” to the noun “an amount equal to”, but this will not stop [[Mediocre lawyer|assiduous attorneys]] defending it with their miserable little lives: | ||
:''“...on each Payment Date the Floating Amount shall]], [[unless otherwise agreed]], be reduced by [[an amount equal to]] such rate as the [[Calculation Agent]] [[and/or]] [[Determination Agent]], [[as the case may be]], shall calculate or determine, [[as the case may be]], to be the Floating Rate Payer's unadjusted cost of funding.” | :''“...on each Payment Date the Floating Amount shall]], [[unless otherwise agreed]], be reduced by [[an amount equal to]] such rate as the [[Calculation Agent]] [[and/or]] [[Determination Agent]], [[as the case may be]], shall calculate or determine, [[as the case may be]], to be the Floating Rate Payer's unadjusted cost of funding.” | ||
Line 9: | Line 9: | ||
But ''of course'' you can deduct a cost of funding. Thus the forensic value of the expression “[[an amount equal to]]” is an amount equal to nothing. | But ''of course'' you can deduct a cost of funding. Thus the forensic value of the expression “[[an amount equal to]]” is an amount equal to nothing. | ||
{{seealso}} | |||
*[[Profound ontological uncertainty]] | |||
*[[Celery]] | |||
{{plainenglish}} | {{plainenglish}} |