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User's Guide to the 2002 ISDA Novation Agreement ISDAINTERNATIONAL SWAPS AND DERIVATIVES ASSOCIATION, INC.ISDA consents to the use and photocopying of its documentation for the preparation of agreements
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An ISDA novation agreement is a legal document used to transfer rights and obligations from one party to another in a derivatives transaction.
Both parties involved in the novation agreement are required to file the ISDA novation agreement.
The ISDA novation agreement can be filled out by including all relevant details of the original agreement, as well as the details of the new party taking over the rights and obligations.
The purpose of the ISDA novation agreement is to transfer rights and obligations in a derivatives transaction to a new party.
The ISDA novation agreement must include details of the original agreement, the parties involved, and the new party taking over the rights and obligations.
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