From: Richard Kahn
Sent: 12/6/2016 2:09:56 PM
To: Stewart 0ldfield
Subject: ISDA paper
attached is comment from Darren (legal) after review of docs:
Also, each of the four agreements in the section dealing with the "Effect of Termination" states that the
respective rights and obligations of the parties under the ISDA or the Global master Repurchase Agreement
cease, except as provided in the ISDA or the GMRA. I would like to speak with someone to explain what is
intended by that provision. what rights and obligations do they believe survive as set forth in the ISDA
or the GMRA? with whom should I speak?
please advise
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York NY 10022
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