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1996 Representation Regarding Relationship Between Parties
1996 Representation Regarding Relationship Between Parties
This Representation Regarding Relationship Between Parties may be used in existing and future ISDA Master Agreements where the parties wish to document their understanding of the nature of their relationship. The relationship described in the representation is the one most frequently encountered in the wholesale financial markets. The representation should be included only when it accurately reflects how the parties are acting, their capabilities and the nature of their relationship.