Amwelladmin
Created page with "The key thing to notice here is that — in an uncharacteristically rather neat, understated bit of drafting — Defaulting Party encapsulates a party who has itself defaulted, or whose {{{{{1}}}|Credit Support Provider}} or {{{{{1}}}|Specified Entity}} has committed an act which amounts to an {{{{{1}}}|Event of Default}} for that counterparty to this {{isdama}}. I know, I know, this doesn’t seem that big of a deal: this sort of thing that should be plain, obvious and..."