Can I revoke my participation in the 2005 Novation Protocol?
No. Unlike previous ISDA protocols where a limited right to revoke was provided, an Adhering Party may not revoke its participation in the Protocol. Once an Adherence Letter is submitted, it will be considered to be an offer to amend its Master Agreements with other Adhering Parties for the entire term of the Protocol remaining from the date of such adherence.
