Template:ISDA Master Agreement 1992 Reference Market-makers: Difference between revisions
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“'''{{isdaprov|Reference Market-makers}}'''” means four leading dealers in the relevant market selected by the party <br /> | “'''{{isdaprov|Reference Market-makers}}'''” means four leading dealers in the relevant market selected by the party <br />determining a {{isdaprov|Market Quotation}} in good faith (a) from among dealers of the highest credit standing which <br />satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make <br />an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same <br />city.<br /> | ||
determining a {{isdaprov|Market Quotation}} in good faith (a) from among dealers of the highest credit standing which <br /> | |||
satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make <br /> | |||
an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same <br /> | |||
city. | |||
Revision as of 11:59, 28 January 2016
“Reference Market-makers” means four leading dealers in the relevant market selected by the party
determining a Market Quotation in good faith (a) from among dealers of the highest credit standing which
satisfy all the criteria that such party applies generally at the time in deciding whether to offer or to make
an extension of credit and (b) to the extent practicable, from among such dealers having an office in the same
city.