Common use of ISDA Illegality/Force Majeure Protocol Clause in Contracts

ISDA Illegality/Force Majeure Protocol. The parties agree that the provisions of the ISDA Illegality/Force Majeure Protocol including Schedule 1 thereto published by the International Swaps and Derivatives Association, Inc on 11 July 2012 (the "Protocol") and all definitions contained in clause 5 of the Protocol are incorporated into and apply to this Agreement, mutatis mutandis, provided that (a) all references to "or impracticable" and "or impracticability" shall be deemed to be deleted from wherever they appear in the Protocol; and (b) in the event of any inconsistency between the Schedule and the Protocol, this Agreement shall govern. In this respect "the parties", as used in the Protocol shall be construed as referring to Party A and Party B.

Appears in 4 contracts

Samples: Master Agreement, Isda Master Agreement, Isda Master Agreement

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.