Affected Party - ISDA Provision: Difference between revisions
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==Commentary== | ==Commentary== | ||
Note that [[ISDA]] in its wisdom chose not to have a generic term for the sort of person who is subject to either a {{isdaprov|Termination Event}} | Note that [[ISDA]] in its wisdom chose not to have a generic term for the sort of person who is subject to either a {{isdaprov|Termination Event}} ''or'' an {{isdaprov|Event of Default}}, so there is much "{{isdaprov|Defaulting Party}} or Affected Party, as the case may be" sort of malarkey. | ||
==Related Concepts== | ==Related Concepts== | ||
Revision as of 11:28, 4 December 2012
In gory detail
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1992 ISDA |
2002 ISDA |
Commentary
Note that ISDA in its wisdom chose not to have a generic term for the sort of person who is subject to either a Termination Event or an Event of Default, so there is much "Defaulting Party or Affected Party, as the case may be" sort of malarkey.