Innocent Party and Implicated Party - ISDA Provision: Difference between revisions
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This | {{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]]”. | ||
It seems so simple when you put it like that, | It seems so simple when you put it like that, doesn’t it. | ||
{{sa}} | |||
*{{isdaprov|Defaulting Party}} | *{{isdaprov|Defaulting Party}} | ||
*{{isdaprov|Non-Defaulting Party}} | *{{isdaprov|Non-Defaulting Party}} | ||
*{{isdaprov|Affected Party}} | *{{isdaprov|Affected Party}} | ||
*{{isdaprov|Non-Affected Party}} | *{{isdaprov|Non-Affected Party}} | ||
Revision as of 11:55, 18 March 2020
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”.
It seems so simple when you put it like that, doesn’t it.