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===An [[indemnity]] is all very well ...=== | ===An [[indemnity]] is all very well ...=== | ||
Bear in mind, also, that your operating theory here is that your counterparty is a Defaulting Party — i.e., it is broke. So while | Bear in mind, also, that your operating theory here is that your counterparty is a Defaulting Party — i.e., it is broke. So while it’s a fine thing, this [[indemnity]] might not be of much practical use. | ||