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Additional Representation - ISDA Provision: Difference between revisions
Additional Representation - ISDA Provision (view source)
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If you want any special extra representations, stick them in {{isdaprov|Part 5}} of the {{isdaprov|Schedule}}, be sure to label them “{{isdaprov|Additional Representation}}s” and, if the fancy catches you, have the representor [[deem]] them repeated on the commencement of any new {{isdaprov|Transaction}}, the anniversary of the {{isdama}} or whenever, in a moment of weakness, insecurity or indolence, your operations team feels like [[reaching out]] to the counterparty and asking it to say them again. They’ll love you for it. | If you want any special extra representations, stick them in {{isdaprov|Part 5}} of the {{isdaprov|Schedule}}, be sure to label them “{{isdaprov|Additional Representation}}s” and, if the fancy catches you, have the representor [[deem]] them repeated on the commencement of any new {{isdaprov|Transaction}}, the anniversary of the {{isdama}} or whenever, in a moment of weakness, insecurity or indolence, your operations team feels like [[reaching out]] to the counterparty and asking it to say them again. They’ll love you for it. | ||
===On [[representations and warranties]] generally === | ===On [[representations and warranties]] generally === | ||
{{Representationdescription}} | *'''[[Representations]]''': {{Representationdescription}} | ||
*'''[[Warranties]]''': {{Warrantydescription}} | |||
{{seealso}} | {{seealso}} | ||
*[[Representations and warranties]] | *[[Representations and warranties]] | ||
{{ISDA 2002 Section 3 TOC}} | {{ISDA 2002 Section 3 TOC}} | ||