Template:M comp disc 2002 ISDA Defaulting Party: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "A “{{isdaprov|Defaulting Party}}” is one who has committed or suffered, and a “{{isdaprov|Non-defaulting Party}}” is one who is ''not'' implicated in the commission or sufferance of, an {{isdaprov|Event of Default}}. There is something judgmental and contemptuous about a defaulter, that there isn’t about one who is merely ''affected''.") |
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Latest revision as of 15:43, 8 June 2023
A “Defaulting Party” is one who has committed or suffered, and a “Non-defaulting Party” is one who is not implicated in the commission or sufferance of, an Event of Default. There is something judgmental and contemptuous about a defaulter, that there isn’t about one who is merely affected.