Template:Isda 3(a) summ

From The Jolly Contrarian
Jump to navigation Jump to search

An observant negotiator (is there any other kind?) handling a 1992 ISDA might wish to add a new agency rep as Section 3(a)(vi). In 2002, ISDA’s crack drafting squad™ obviously thought this was such a good idea that they added a brand-new “no-agency” rep to the 2002 ISDA, only they can’t have felt it was basic enough to go in the {{{{{1}}}|Basic Representations}}, so they put it in a new clause all by itself at Section {{{{{1}}}|3(g)}}.

But you don’t need a bespoke “no-agency” rep if you’re on a 2002 ISDA, if that’s what you’re wondering.