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Non-affected Party - ISDA Provision: Difference between revisions
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Non-affected Party - ISDA Provision (view source)
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{{fullanat2|isda|Non-affected Party|2002|Non-affected Party|1992}} | {{fullanat2|isda|Non-affected Party|2002|Non-affected Party|1992}} | ||
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}} | {{Seealso}} | ||
*{{isdaprov|Affected Party}} | *{{isdaprov|Affected Party}} | ||
*{{isdaprov|Defaulting Party}} | *{{isdaprov|Defaulting Party}} | ||
*{{isdaprov|Non-defaulting Party}} | *{{isdaprov|Non-defaulting Party}} | ||