Derivative Transaction Master Agreement

Definition

Derivative Transaction Master Agreement. A master agreement covering derivatives transactions to be carried out between the parties to this contract

Example

Sample preamble to one of these: "EXAMPLE BANK, a Michigan banking corporation and SAMPLECOMPANY US, INC. a Delaware corporation have entered and/or anticipate entering into one or more transactions (each a "Transaction") that are or will be governed by this Master Agreement, which includes the schedule (the "Schedule"), and the documents and other confirming evidence (each a "Confirmation") exchanged between the parties confirming those Transactions. "

Disclaimer

This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.