non-defaulting party

См. также в других словарях:

• event of default — Certain specified events specified in loan and other documentation which might jeopardise a lender s or investor s position. If they occur the lender or investor is allowed to withdraw and claim earlier repayment of indebtedness. Easyform… …   Law dictionary

• cross-default — A clause which operates by automatically defaulting a party under Agreement A where it has defaulted under Agreement B. A cross default provision effectively gives the non defaulting party under Agreement A the benefit of the default provisions… …   Law dictionary

• Arbitral tribunal — An arbitral tribunal (or arbitration tribunal) is a panel of one or more adjudicators which is convened and sits to resolve a dispute by way of arbitration. The tribunal may consist of a sole arbitrator, or there may be two or more arbitrators,… …   Wikipedia

• liquidated damages — see damage 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. liquidated damages …   Law dictionary

• settlement risk — The risk is that one party may perform on its obligation upon settlement of a financial instrument but the other might not, leaving the non defaulting party in the position of having paid out under the contract and received nothing in return.… …   Law dictionary

• Netting — This page is about the finance term. For the fabric called netting see Net (textile). In general, netting means to allow a positive value and a negative value to set off and partially or entirely cancel each other out. In the context of credit… …   Wikipedia

• pre-settlement risk — The risk that a counterparty will default prior to the financial instrument s final settlement. This means that the counterparty may suffer loss because the contract is not carried out but at least (unlike settlement risk) the non defaulting… …   Law dictionary

• restitution interest — A term of art in the law of damages for breach of contract, being the interest of the non defaulting party in the benefit which he conferred on the defaulter pursuant to the contract and prior to its breach. Restatement, Contracts § 347;… …   Ballentine's law dictionary

• English contract law — is an influential system regulating the law of contract that operates in England and Wales. Its doctrines form the basis of contract law across the Commonwealth, including Australia, Canada, India, New Zealand and South Africa and more generally… …   Wikipedia

• CONFLICT OF LAWS — (also called Private International Law) is a branch of the law dealing with the adjudication of a matter which involves some foreign element, for instance, the fact that one of the parties is a foreign citizen, or that the matter at issue arose,… …   Encyclopedia of Judaism

• Force majeure — (French for superior force ) is a common clause in contracts which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as war, strike, riot, crime, act of …   Wikipedia