Non-defaulting Party - ISDA Provision: Difference between revisions
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{{ | {{fullanat2|AGMT|Non-defaulting Party|2002|Non-defaulting Party|1992}} | ||
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To be compared with - well, {{isdaprov|Defaulting Party}}. Of all things. And {{isdaprov|Non-affected Party}}, as well. The difference between a {{isdaprov|Non-defaulting Party}} and a {{isdaprov|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. | To be compared with - well, {{isdaprov|Defaulting Party}}. Of all things. And {{isdaprov|Non-affected Party}}, as well. The difference between a {{isdaprov|Non-defaulting Party}} and a {{isdaprov|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. | ||
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*{{isdaprov|Defaulting Party}} | *{{isdaprov|Defaulting Party}} | ||
{{isdaanatomy}} | {{isdaanatomy}} |
Revision as of 10:38, 13 March 2017
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Commentary
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.