Page history
5 January 2024
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Created page with "There isn’t a Section {{isdaprov|2(e)}} in the {{2002ma}}, but there almost was, when ISDA went through a period of hand-wringing after the global financial crisis, which revealed to the world how unsatisfactory the existing section {{isdaprov|2(a)(iii)}} was. The idea was to allow the victim of a 2(a)(iii) exercise — that is, the person in putative breach — to preempt the condition precedent, and say to the innocent party, “Well, u..."
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