Template:M summ 2018 CSD Assigned Rights
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In which yours truly, finally, satisfyingly, captures the beautiful butterfly that is ISDA’s crack drafting squad™ in his net. For here we read, repeatedly, about “clearance systems”. Elsewhere we read (for example, Section 2(c)(ii), of “clearing systems”.
BANG TO RIGHTS, FELLAS. GOTCHA.
ISDA’s crack drafting squad™, never knowingly out-pedanted, is out-pedanted.