Non-affected Party - ISDA Provision: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
Line 1: Line 1:
{{isdaanat|Non-affected Party}}
{{manual|MI|2002|Non-affected Party|Section|Non-affected Party|medium}}
A clause so joyously well-crafted in 1992, that the ISDA boxwallahs 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 {{isdaprov|Non-affected Party}} or the {{isdaprov|Non-defaulting Party}}, as the case may be”, but that’s just me.
 
 
{{Seealso}}
*{{isdaprov|Affected Party}}
*{{isdaprov|Defaulting Party}}
*{{isdaprov|Non-defaulting Party}}

Revision as of 12:38, 31 December 2020

2002 ISDA Master Agreement
A Jolly Contrarian owner’s manual™

Resources and navigation

[[{{{1}}} - 1992 ISDA Provision|This provision in the 1992]]

Resources Wikitext | Nutshell wikitext | 1992 ISDA wikitext | 2002 vs 1992 Showdown | 2006 ISDA Definitions | 2008 ISDA | JC’s ISDA code project
Navigation Preamble | 1 • (a) (b) (c) | 2 • (a) (b) (c) (d) | 3 • (a) (b) (c) (d) (e) (f) (g) | 4 • (a) (b) (c) (d) (e) | 5 • 5(a) Events of Default: 5(a)(i) Failure to Pay or Deliver 5(a)(ii) Breach of Agreement 5(a)(iii) Credit Support Default 5(a)(iv) Misrepresentation 5(a)(v) Default Under Specified Transaction 5(a)(vi) Cross Default 5(a)(vii) Bankruptcy 5(a)(viii) Merger Without Assumption 5(b) Termination Events: 5(b)(i) Illegality 5(b)(ii) Force Majeure Event 5(b)(iii) Tax Event 5(b)(iv) Tax Event Upon Merger 5(b)(v) Credit Event Upon Merger 5(b)(vi) Additional Termination Event (c) (d) (e) | 6 • (a) (b) (c) (d) (e) (f) | 7 | 8 • (a) (b) (c) (d) | 9 • (a) (b) (c) (d) (e) (f) (g) (h) | 10 | 11 | 12 • (a) (b) | 13 • (a) (b) (c) (d) | 14 |

Index: Click ᐅ to expand:
2002 ISDA
1992 ISDA

Section Non-affected Party in a Nutshell™

Use at your own risk, campers!
“Non-affected Party” means the party that isn’t the Affected Party, if there is one.

Full text of Section Non-affected Party

“Non-affected Party” means, so long as there is only one Affected Party, the other party.

Related agreements and comparisons

Click here for the text of Section Non-affected Party in the 1992 ISDA
Template:Isdadiff Non-affected Party

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.

Content and comparisons

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” — you know, like “Innocent Party”, or something like that — but perhaps that’s just me.

Template

Summary

Template:M summ 2002 ISDA Non-affected Party

Template

General discussion

Template:M gen 2002 ISDA Non-affected Party

Template

See also

Template

References

Retrieved from "https://jollycontrarian.com/index.php?title=Non-affected_Party_-_ISDA_Provision&oldid=51757"