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Template:Nutshell 1992 ISDA 1: Difference between revisions
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=== {{ | === {{isda92prov|1}}. {{isda92prov|Interpretation}} === | ||
{{ | {{isdaprov|1(a)}} '''{{isdaprov|Definitions}}'''. Most of the definitions are in Section {{isdaprov|14}} but some are scattered throughout the {{isdaprov|Master Agreement}}. <br> | ||
{{ | {{isdaprov|1(b)}} '''{{isdaprov|Inconsistency}}'''. Where they conflict, each {{isdaprov|Confirmation}} overrides the {{isdaprov|Schedule}}, and the {{isdaprov|Schedule}} overides the {{isdaprov|Master Agreement}}. <br> | ||
{{ | {{isdaprov|1(c)}} '''{{isdaprov|Single Agreement}}'''. When they enter each {{isdaprov|Transaction}} the parties are relying on the {{isdaprov|Master Agreement}} and all outstanding {{isdaprov|Confirmation}}s being a single agreement. They would not otherwise enter into any {{isdaprov|Transaction}}. <br> | ||