Innocent Party and Implicated Party - ISDA Provision: Difference between revisions
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Amwelladmin (talk | contribs) m (Amwelladmin moved page Innocent Party - ISDA Provision to Innocent Party and Implicated Party - ISDA Provision) |
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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
It seems so simple when you put it like that, doesn’t it.