Non-affected Party - ISDA Provision
2002 ISDA Master Agreement
Section Non-affected Party in full
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A clause so joyously well-crafted in 1992, that ISDA’s crack drafting squad™ saw no need to change it a decade later, when the opportunity presented itself. They might have grasped it to devise a concept less clumsy than “the Non-affected Party or the Non-defaulting Party, as the case may be”, but that’s just me.