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{{g}}Something that helps a [[credit officer]] sleep and night, and helps ensure a [[negotiator]]’s kids aren't singing for their supper. {{isdaprov|Cross Default}}, for example. Often used to describe an entirely otiose passage in a [[netting opinion]].
{{g}}Something that helps a [[credit officer]] sleep and night, and helps ensure a [[negotiator]]’s kids aren't singing for their supper. {{isdaprov|Cross Default}}, for example.  
 
Also sometimes used to describe an entirely otiose passage in a [[netting opinion]] suggesting a provision you could add to a master agreement, which you don’t need to.

Revision as of 16:40, 28 August 2019

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Something that helps a credit officer sleep and night, and helps ensure a negotiator’s kids aren't singing for their supper. Cross Default, for example.

Also sometimes used to describe an entirely otiose passage in a netting opinion suggesting a provision you could add to a master agreement, which you don’t need to.