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Non-defaulting Party - ISDA Provision: Difference between revisions
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Non-defaulting Party - ISDA Provision (view source)
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{{isdasnap|Non-defaulting Party}} | {{isdasnap|Non-defaulting Party}} | ||
====Commentary==== | ====Commentary==== | ||
To be compared with - well, {{isdaprov|Defaulting Party}}. Of all things. | 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. | ||
====See Also==== | ====See Also==== | ||
*{{isdaprov|Defaulting Party}} | *{{isdaprov|Defaulting Party}} | ||
{{isdaanatomy}} | {{isdaanatomy}} | ||