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non-deˈfault·ing ADJ inv LAW

non-defaulting

non-defaulting ADJ ECON LAW

Specialized Vocabulary
non-defaulting

Monolingual examples (not verified by PONS Editors)

English
A breach of contract give remedies to the non-defaulting party but shouldn't result in a complete forfeiture of all rights under the contract.
www.mondaq.com
The discriminatory power refers to a credit risk model's ability to differentiate between defaulting and non-defaulting clients.
en.wikipedia.org
And such a stipulation, unless the parties have agreed that breach of it shall not entitle the non-defaulting party to treat the contract as repudiated, is a condition.
en.wikipedia.org
The economic logic underlying the mechanics is that the non-defaulting party can close out its open positions at market rates.
www.economonitor.com
In practice, this means that the market trades normally, allowing the non-defaulting party to re-hedge positions and establish valuations with reasonable accuracy.
www.economonitor.com
If it is not cured, there is no obligation on the non-defaulting party to make payment.
www.internationallawoffice.com
In the court's view, the inconvenience to the non-defaulting party of an indefinite contingent liability did not justify the extinction of the suspended obligations.
www.internationallawoffice.com
Quite often, the non-defaulting party may want to grant some additional time beyond the contractual cure period to the defaulting party to remedy the situation.
www.mondaq.com
The non-defaulting party may also be unable to re-hedge on a timely basis or at price levels used to calculate termination values.
www.economonitor.com

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