|
|
| (13 intermediate revisions by the same user not shown) |
| Line 1: |
Line 1: |
| {{ISDAnumberingdiscrepancy}} | | {{newisdamanual|Combined Tax Event}} |
| {{isdasnap|Tax Event}}
| |
| {{isdasnap2|5(b)(ii)|5(b)(iii)}}
| |
| ===Commentary===
| |
| Note, unhelpfully, the subpara reference in the {{1992ma}} is (1) and (2) and in the {{2002ma}} is (A) and (B). Note, also unhelpfully, that this paragraph is a bastard to understand. Let's have a look then:
| |
| {{nuts|ISDA|Tax Event}}
| |
| | |
| Not such a bastard after all, then. In the context of CCP, you typically add a third limb, which is along the lines of
| |
| {{box|
| |
| :(3) required to make a deduction from a payment under an {{swapclearprov|Associated LCH Transaction}} where no corresponding Gross Up amount is required under the corresponding {{isdaprov|Transaction}} Payment under this {{isdaprov|Agreement}}.}}
| |
| {{isdaanatomy}}
| |