Termination of course of dealings by notice - OSLA Provision: Difference between revisions

Termination of course of dealings by notice - OSLA Provision (view source)

386 bytes added , 28 November 2019

no edit summary

82,910

edits

@@ Line 9: / Line 9: @@
 {{gmslasnap|16}}
-===Clause comparison with {{{isdama}}===
+===Clause comparison with {{isdama}}===
-By way of ''further'' comparison, the {{isdama}} doesn't have a general termination right of this sort ''at all''.
+By way of ''further'' comparison, the {{isdama}} doesn't have a general termination right of this sort ''at all''. You can ''on'' terminate transactions, not the master agreement construct which sits around them. This is to do with paranoid fears about the efficacy of netting, but I like to think it has unleashed on the world an army of wight-walking zombie ISDAs, doomed to roam the earth until the day of judgment, apropos nothing but there, just in case Aslan returns, Sauron is reincarnated etc.