Innocent Party and Implicated Party - ISDA Provision: Difference between revisions
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{{a|isda|}}This isn’t a sanctioned ISDA definition, but it should be. It is the [[JC]]’s cheeky shorthand for “a {{isdaprov|Non-defaulting Party}} or a {{isdaprov|Non-affected Party}}, [[as the case may be]]”. We suggest, weakly, that “a {{isdaprov|Defaulting Party}} or {{isdaprov|Affected Party}}, [[as the case may be]]”, might be an “{{isdaprov|Implicated Party}}”. But no one will listen, so this remains expanded ISDA universe [[fan fiction]] | {{a|isda|}}This isn’t a sanctioned ISDA definition, but it should be. It is the [[JC]]’s cheeky shorthand for “a {{isdaprov|Non-defaulting Party}} or a {{isdaprov|Non-affected Party}}, [[as the case may be]]”. We suggest, weakly, that “a {{isdaprov|Defaulting Party}} or {{isdaprov|Affected Party}}, [[as the case may be]]”, might be an “{{isdaprov|Implicated Party}}”. But no one will listen, so this remains expanded ISDA universe [[fan fiction]]. | ||
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Revision as of 11:18, 7 July 2022
This isn’t a sanctioned ISDA definition, but it should be. It is the JC’s cheeky shorthand for “a Non-defaulting Party or a Non-affected Party, as the case may be”. We suggest, weakly, that “a Defaulting Party or Affected Party, as the case may be”, might be an “Implicated Party”. But no one will listen, so this remains expanded ISDA universe fan fiction.