Template:Nutshell 1992 ISDA 1: Difference between revisions

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=== {{isdaprov|1}}. {{isdaprov|Interpretation}} ===
=== {{isda92prov|1}}. {{isda92prov|Interpretation}} ===
{{Nutshell 2002 ISDA 1(a)}}
{{isda92prov|1(a)}} '''{{isda92prov|Definitions}}'''. Most of the definitions are in Section {{isda92prov|14}} but some are in the {{isda92prov|Schedule}}. <br>
{{Nutshell 2002 ISDA 1(b)}}
{{isda92prov|1(b)}} '''{{isda92prov|Inconsistency}}'''. Where they conflict, each {{isda92prov|Confirmation}} overrides the {{isda92prov|Schedule}}, and the {{isda92prov|Schedule}} overides the {{isda92prov|Master Agreement}}. <br>
{{Nutshell 2002 ISDA 1(c)}}
{{isda92prov|1(c)}} '''{{isda92prov|Single Agreement}}'''. When they enter each {{isda92prov|Transaction}} the parties are relying on the {{isda92prov|Master Agreement}} and all outstanding {{isda92prov|Confirmation}}s being a single agreement. They would not otherwise enter into any {{isda92prov|Transaction}}. <br>