Template:M comp disc 2002 ISDA Non-affected Party: Difference between revisions
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A clause so joyously well-crafted in 1992, that | [[Non-Defaulting Party - ISDA Provision|A]] clause so joyously well-crafted in 1992, that {{icds}} saw no need to change it a decade later, when the opportunity presented itself. They might have grasped it to devise a concept less clumsy than “the {{isdaprov|Non-affected Party}} or the {{isdaprov|Non-defaulting Party}}, as the case may be”, but that’s just me. | ||
Revision as of 12:38, 31 December 2020
A clause so joyously well-crafted in 1992, that ISDA’s crack drafting squad™ saw no need to change it a decade later, when the opportunity presented itself. They might have grasped it to devise a concept less clumsy than “the Non-affected Party or the Non-defaulting Party, as the case may be”, but that’s just me.