Innocent Party and Implicated Party - ISDA Provision: Difference between revisions

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\|}}
			“{{isdaprov\|Innocent Party}}” 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]].