Template:M comp disc 2002 ISDA 2(a)

Section 2(a) is identical in the 1992 ISDA and the 2002 ISDA. However the subsidiary definition of Scheduled Settlement Date — a date in which any 2(a)(i) obligations fall due — is a new and frankly uncalled-for innovation in the 2002 ISDA.

We have a special whole page dedicated to Section 2(a)(iii) by the way. That is a brute, and one of the most litigationey parts of the Agreement.