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Set-off - ISDA Provision: Difference between revisions
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→Cross-affiliate set-off
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Generally, market practice is therefore to do the following: | Generally, market practice is therefore to do the following: | ||
*'''Where {{isdaprov|Affiliate}}s ''are'' required''': to use bespoke wording. | |||
*'''Where {{isdaprov|Affiliate}}s are ''not'' required''': use the {{2002ma}} standard {{isdaprov|set-off}} wording above. | |||
===Scope of Set-off=== | ===Scope of Set-off=== | ||