Template:ISDA Master Agreement 1992 Reference Market-makers: Difference between revisions
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“'''{{ | “'''{{isda92prov|Reference Market-makers}}'''” means four leading dealers in the relevant market selected by the party determining a {{isda92prov|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 /> | ||
determining a {{ | |||
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 <br /> | |||
Latest revision as of 18:56, 2 February 2020
“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.