Template:M summ 2002 ISDA Specified Transaction: Difference between revisions

Template:M summ 2002 ISDA Specified Transaction (view source)

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 [[Specified Transaction - 1992 ISDA Provision|We]] are going to go out on a limb here and say that little parenthetical “(including an agreement with respect to any such transaction)” is, if not deliberately ''designed'' that way, is at least ''[[calculated]]''<ref>In the sense of being “likely”.</ref> to capture failures under a [[credit support annex]] which, yes, is a {{isdaprov|Transaction}} under an {{isdama}} but no, is not really a swap or anything really like one.
-There is enough chat about {{isdaprov|Credit support Provider}}s (yes, yes, the counterparty itself is of course not a {{isdaprov|Credit support Provider}}) to make us think, on a [[fair, large and liberal]] interpretation, that a default under the [[CSA]] to a swap {{isdaprov|Transaction}} is meant to be covered.
+There is enough chat about {{isdaprov|Credit Support Provider}}s (yes, yes, the counterparty itself is of course not a {{isdaprov|Credit Support Provider}}) to make us think, on a [[fair, large and liberal]] interpretation, that a default under the [[CSA]] to a swap {{isdaprov|Transaction}} is meant to be covered.
 ===What?===