Template:Isda Non-defaulting Party summ

From The Jolly Contrarian
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To be compared with - well, {{{{{1}}}|Defaulting Party}}. Of all things. And {{{{{1}}}|Non-affected Party}}, as well. The difference between a {{{{{1}}}|Non-defaulting Party}} and a {{{{{1}}}|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.

  • Do say: “the {{{{{1}}}|Non-defaulting Party}} or {{{{{1}}}|the non-Affected Party}}, as the case may be” over and over again.
  • Don’t say: “Is there really no other way you could get across this concept, for crying out loud?”