Template:M comp disc 2002 ISDA 5(b)(v): Difference between revisions

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{{ISDAnumberingdiscrepancy}} - Section {{isdaprov|5(a)(viii)}} is {{isdaprov|Merger Without Assumption}}.
{{ISDAnumberingdiscrepancy}}{{isda 5(b)(v) comp|isdaprov}}
 
==={{1992ma}} upgrade===
Even before the {{2002ma}} was published it was common to upgrade the {{1992ma}} formulation to something resembling the glorious concoction that became Section {{isdaprov|5(b)(v)}} of the {{2002ma}}. The 1992 wording is a bit lame, really.
 
Here’s a snapshot of the difference:
[[File:CEUM delta.png|400px|thumb|left|What what once was, overlaid with what now is.]]
On the other hand, you could count the number of times an {{isdama}} is closed out on account of {{isdaprov|Credit Event Upon Merger}} on the fingers of one hand, even if you had lost all the fingers on that hand to an industrial accident. So — yeah.