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{{tocbuilder|ISDA|2002|2(d)}} | {{tocbuilder|ISDA|2002|2(d)}} | ||
==Commentary== | ==Commentary== | ||
Observant and diligent scholars will notice that these two clauses are, more or less, identical. | Observant and diligent scholars will notice that these two clauses are, more or less, identical. | ||
Observant and less obedient scholars will remark how much of a pig's ear the ISDA drafting committee can make of drafting a relatively simple concept and, given a once in a decade opportunity to improve its first attempt | Observant and less obedient scholars will remark how much of a pig's ear the ISDA drafting committee can make of drafting a relatively simple concept and, given a once-in-a-decade opportunity to improve its first attempt in the {{1992ma}}, how in 2002 the combined intellectual might of ISDA, its members, friends and relations, and their divers counsel, retinue and entourage, couldn't. | ||
This is, therefore, the apex of all possible derivatives drafting. Make you feel great to be alive, doesn't it. | This is, therefore, the apex of all possible derivatives drafting. Make you feel great to be alive, doesn't it. | ||
{{isdaanatomy}} | {{isdaanatomy}} |