Non-affected Party - ISDA Provision: Difference between revisions

Non-affected Party - ISDA Provision (view source)

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-{{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}}