The framework contract allows the parties to calculate their net financial commitment in non-prescription transactions, i.e. a party calculates the difference between what it owes to a counterparty under a principal contract and what is due to the consideration under the same agreement. Der accordo ISDA master e il pé comunemente usato contratto di assistenza maestro per OTC derivati transazioni a livello internazionale. Fa parte di un quadro di documenti, progettato perre derivati OTC essere documentati pienamete e in modo flessibile. Il quadro si compone di un accordo quadro, una pianificazione, conferme, libretti di definizione, e la documentazione sostegno al credito. Master Agreement – pubblicato dalla Swaps and Derivatives Association . At the same time as the timetable, the framework agreement sets out all the general conditions necessary for the proper distribution of the risks of transactions between the parties, but does not contain specific conditions for a given transaction. Once the framework agreement has been reached, the parties can conclude many transactions by agreeing to the essential conditions by telephone, as confirmed in writing, without the need to re-examine the terms of the framework agreement. The framework contract is quite long and the negotiation process can be difficult, but once a framework contract is signed, the documentation of future transactions between the parties will be reduced to a brief confirmation of the essential terms of the transaction. The accordo quadro é un documento concordato tra due partiti che stabilizes condizioni standard che si applicano a tutte le operazioni effecttuate tra la parti. Ogni volta che un operazione viene effettuata, i termini del contratto di master non hanno bisogno di essere ri-negoziato e applicare automaticamente.

The Captain`s Agreement is a document agreed between two parties, which sets out standard conditions for all transactions between these parties. Each time a transaction is concluded, the terms of the framework agreement should not be automatically renegotiated and applied. This uniform approach to the agreement is an integral part of the structure and part of the network-based protection offered by the framework agreement. The fact that all transactions are the sole contract improves the ability to close these transactions and obtain a one-time net amount payable in the event of default. The framework agreement also helps to reduce litigation by providing substantial resources that define its contractual terms and explain the intent of the contract, thus preventing litigation from beginning and providing a neutral resource for the interpretation of standard contractual terms. Finally, the framework agreement provides considerable assistance to the parties in risk and credit management. The control agreement is the central document around which the rest of the ISDA documentation structure is grown. The pre-printed framework contract is never amended, with the exception of the parties` names, but is adapted to the framework contract by the use of the timetable, a document containing options, additions and amendments to the framework agreement. Vuoi aggiungere una parola, una frase o una traduzione? Sezione 5 dell`accordo ISDA Master contains “standard events” and “end events.” Si tratta di eventi che possono portare alla cessazione delle transazioni prima della loro prevista durata . The ISDA Masteragrement, published by the International Swaps and Derivatives Association, is the most widely used master service contract for otC derivatives transactions internationally.

It is part of a documentary framework designed to provide comprehensive and flexible documentation on over-the-counter derivatives. The framework consists of a master contract, a calendar, confirmations, definition brochures and credit support documentation.