Template:M summ 2002 ISDA Payer Tax Representations: Difference between revisions

Template:M summ 2002 ISDA Payer Tax Representations (view source)

849 bytes added , 20 May 2023

Searching out embedded templates in 2002 ISDA summ

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-{{C|Embedded Template}}{{M summ 2002 ISDA 3(e)}}
+You’ll find the usual form of the {{isdaprov|Payer Tax Representations}} in Part [[Schedule 2(a) - ISDA Provision|2(a)]] of the {{isdaprov|Schedule}}. They aren’t usually amended.
-{{C|Embedded Template}}{{M summ 2002 ISDA Schedule 2(a)}}
+Section {{isdaprov|3(e)}} is the operational part of the ISDA that triggers this representation, which {{icds}} included in the preprint template {{isdaprov|Schedule}} rather than in the preprinted {{isdama}} proper, perhaps nervous that the negotiation community might want to futz around with it.
+Well, in nearly thirty years, they haven’t: ones intentions about tax when one ''makes'' a payment, rather than when one ''receives'' it, is a topic that even a seasoned [[negotiator]] — one accustomed to finding controversy where others would not, after all — will struggle to get animated about.
+Thus this handsome slug of text, unmolested, sits in nigh-on every {{isdama}}, just one of those things that passes unremarked in the world of financial derivatives.