Template:M comp disc 2018 CSD 3(c)

From The Jolly Contrarian
Jump to navigation Jump to search

ABANDON HOPE ALL YE WHO ENTER HERE.

The ungainliness of its title gives the game away, but this clause is ISDA’s crack drafting squad™ characteristically elegant way of untangling a skein it has just created by overreaching its necessary scope. As such, in all the thick galaxies of swap discombobulation, this clause is unprecedented in the ISDA expanded universe. For that, frankly, we can thank the good lord in heaven, or Midichlorians, of whoever the sad, omnipotent bastard is that gives life force to the Way Of The ISDA.