Template:Isda Affected Party comp

Not even ISDA’s crack drafting squad™ could confect something worthwhile to say which might improve this Spartan piece of text. But note the concept of {{{{{1}}}|Affected Party}} is sprayed liberally throughout Section {{{{{1}}}|5(b)}}, and it means something different in almost every context so you’re guaranteed to have fun there.

Elsewhere there is much monkeying around as regards the concept of {{{{{1}}}|Illegality}}, particularly insofar as it relates to {{{{{1}}}|Credit Support Document}}s, and the newly introduced Force Majeure.