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Innocent Party and Implicated Party - ISDA Provision: Difference between revisions
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Innocent Party and Implicated Party - ISDA Provision (view source)
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{{a|isda|}}This isn’t a sanctioned ISDA definition, but it should be. It is the [[JC]]’s cheeky shorthand for “a {{isdaprov|Non-defaulting Party}} or a {{isdaprov|Non-affected Party}}, [[as the case may be]]”. We suggest, weakly, that “a {{isdaprov|Defaulting Party}} or {{isdaprov|Affected Party}}, [[as the case may be]]”, might be an “{{isdaprov|Implicated Party}}”. But no one will listen, so this remains expanded ISDA universe [[fan fiction]] | {{a|isda|}}This isn’t a sanctioned ISDA definition, but it should be. It is the [[JC]]’s cheeky shorthand for “a {{isdaprov|Non-defaulting Party}} or a {{isdaprov|Non-affected Party}}, [[as the case may be]]”. We suggest, weakly, that “a {{isdaprov|Defaulting Party}} or {{isdaprov|Affected Party}}, [[as the case may be]]”, might be an “{{isdaprov|Implicated Party}}”. But no one will listen, so this remains expanded ISDA universe [[fan fiction]]. | ||
{{sa}} | {{sa}} | ||