Template:ISDA Master Agreement 1992 Reference Market-makers: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
Line 1: Line 1:
“'''{{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 />
“'''{{isdaprov|Reference Market-makers}}'''” means four leading dealers in the relevant market selected by the party determining a {{isdaprov|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. <br />

Revision as of 15:28, 7 April 2017

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.