Non-defaulting Party - ISDA Provision

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

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Section Non-defaulting Party in a Nutshell

Use at your own risk, campers!
Non-defaulting Party” is defined in Section 6(a).

Full text of Section Non-defaulting Party

Non-defaulting Party” has the meaning specified in Section 6(a).

Related agreements and comparisons

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

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Content and comparisons

Template:M comp disc 2002 ISDA Non-defaulting Party



To be compared with - well, Defaulting Party. Of all things. And Non-affected Party, as well. The difference between a Non-defaulting Party and a Non-affected Party, and the linguistic torture that distinction as inflicted on the race of ISDA lawyers ever since, says everything you need to know about the absurdity of modern commercial law.


See also