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NY VM CSA
{| class="wikitable sortable"
 
|+
8(a) Secured Party’s Rights and Remedies. If at any time (1) an Event of Default or Specified Condition with respect to the Pledgor has occurred and is continuing or (2) an Early Termination Date has occurred or been designated as the result of an Event of Default or Specified Condition with respect to the Pledgor, then, unless the Pledgor has paid in full all of its Obligations that are then due, the Secured Party may exercise one or more of the following rights and remedies:
! Term !! 2002 !! 1992 !! 1987
8(a)(i) all rights and remedies available to a Secured Party under applicable law with respect to Posted Collateral (VM) held by the Secured Party;
|-
8(a)(ii) any other rights and remedies available to the Secured Party under the terms of Other Posted Support (VM), if any;
| Additional Representation
8(a)(iii) the right to Set-off (A) any amounts payable by the Pledgor with respect to any Obligations and (B) any Cash amounts and the Cash equivalent of any non-Cash items posted to the Pledgor by the Secured Party as margin under any Other CSA (other than any Other CSA Excluded Credit Support) the return of which is due to the Secured Party against any Posted Collateral (VM) or the Cash equivalent of any Posted Collateral (VM) held by the Secured Party (or any obligation of the Secured Party to Transfer that Posted Collateral (VM)); and
{{cellgreen}}YES
8(a)(iv) the right to liquidate any Posted Collateral (VM) held by the Secured Party through one or more public or private sales or other dispositions with such notice, if any, as may be required under applicable law, free from any claim or right of any nature whatsoever of the Pledgor, including any equity or right of redemption by the Pledgor (with the Secured Party having the right to purchase any or all of the Posted Collateral (VM) to be sold) and to apply the proceeds (or the Cash equivalent thereof) from the liquidation of the Posted Collateral (VM) to (A) any amounts payable by the Pledgor with respect to any Obligations and (B) any Cash amounts and the Cash equivalent of any non-Cash items posted to the Pledgor by the Secured Party as margin under any Other CSA (other than any Other CSA Excluded Credit Support) the return of which is due to the Secured Party in that order as the Secured Party may elect.
{{cellpink}}NO
Each party acknowledges and agrees that Posted Collateral (VM) in the form of securities may decline speedily in Value and is of a type customarily sold on a recognized market, and, accordingly, the Pledgor is not entitled to prior notice of any sale of that Posted Collateral (VM) by the Secured Party, except any notice that is required under applicable law and cannot be waived.
{{cellpink}}NO
{{aligntop}}
|Additional Termination Event
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Affected Party
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Affected Transactions
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Affiliate
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Agreement
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Applicable Close-out Rate
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Applicable Deferral Rate
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Applicable Rate
{{cellpink}}NO
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Automatic Early Termination
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Burdened Party
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Business Day
{{cellpink}}NO
{{cellpink}}NO
{{cellgreen}}YES
{{aligntop}}
|Change in Tax Law
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Close-out Amount
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Confirmation
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|consent
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Contractual Currency
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Convention Court
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Credit Event Upon Merger
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Credit Support Document
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Credit Support Provider
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Cross-Default
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Default Rate
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Defaulting Party
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Designated Event
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Determining Party
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Early Termination Amount
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Early Termination Date
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|electronic messages
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|English law
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Event of Default
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Force Majeure Event
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|General Business Day
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Illegality
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Indemnifiable Tax
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|law
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Local Business Day
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Local Delivery Day
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Loss
{{cellpink}}NO
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Market Quotation
{{cellpink}}NO
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Master Agreement
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Merger Without Assumption
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Multiple Transaction Payment  Netting
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Non-affected Party
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Non-default Rate
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Non-defaulting Party
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Office
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Other Amounts
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Payee
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Payer
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Potential Event of Default
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Proceedings
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Process Agent
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|rate of exchange
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Reference Market-maker
{{cellpink}}NO
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Relevant Jurisdiction
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Schedule
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Scheduled Payment Date
{{cellpink}}NO
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Scheduled Settlement Date
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Set-off
{{cellpink}}NO
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Settlement Amount
{{cellpink}}NO
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Specified Entity
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Specified Indebtedness
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Specified Swap
{{cellpink}}NO
{{cellpink}}NO
{{cellgreen}}YES
{{aligntop}}
|Specified Transaction
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Stamp Tax
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Stamp Tax Jurisdiction
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Tax
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Tax Event
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Tax Event Upon Merger
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Terminated Transaction
{{cellgreen}}YES{{cellgreen}}YES{{cellgreen}}YES
{{aligntop}}
|Termination Currency
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Termination Currency  Equivalent
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Termination Event
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Termination Rate
{{cellgreen}}YES
{{cellgreen}}YES
{{cellpink}}NO
{{aligntop}}
|Threshold Amount
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Transaction
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
{{aligntop}}
|Unpaid Amounts
{{cellgreen}}YES
{{cellgreen}}YES
{{cellgreen}}YES
{{aligntop}}
|Waiting Period
{{cellgreen}}YES
{{cellpink}}NO
{{cellpink}}NO
|}

Revision as of 16:55, 15 August 2024

Term 2002 1992 1987
Additional Representation YES NO NO
Additional Termination Event YES YES NO
Affected Party YES YES YES
Affected Transactions YES YES YES
Affiliate YES YES YES
Agreement YES NO NO
Applicable Close-out Rate YES NO NO
Applicable Deferral Rate YES NO NO
Applicable Rate NO YES NO
Automatic Early Termination YES NO NO
Burdened Party YES YES YES
Business Day NO NO YES
Change in Tax Law YES YES YES
Close-out Amount YES NO NO
Confirmation YES NO NO
consent YES YES YES
Contractual Currency YES NO NO
Convention Court YES NO NO
Credit Event Upon Merger YES YES YES
Credit Support Document YES YES YES
Credit Support Provider YES YES NO
Cross-Default YES NO NO
Default Rate YES YES YES
Defaulting Party YES YES YES
Designated Event YES NO NO
Determining Party YES NO NO
Early Termination Amount YES NO NO
Early Termination Date YES YES YES
electronic messages YES NO NO
English law YES NO NO
Event of Default YES YES YES
Force Majeure Event YES NO NO
General Business Day YES NO NO
Illegality YES YES YES
Indemnifiable Tax YES YES YES
law YES YES YES
Local Business Day YES YES NO
Local Delivery Day YES NO NO
Loss NO YES YES
Market Quotation NO YES YES
Master Agreement YES NO NO
Merger Without Assumption YES NO NO
Multiple Transaction Payment Netting YES NO NO
Non-affected Party YES NO NO
Non-default Rate YES YES NO
Non-defaulting Party YES YES NO
Office YES YES YES
Other Amounts YES NO NO
Payee YES NO NO
Payer YES NO NO
Potential Event of Default YES YES YES
Proceedings YES NO NO
Process Agent YES NO NO
rate of exchange YES NO NO
Reference Market-maker NO YES YES
Relevant Jurisdiction YES YES YES
Schedule YES NO NO
Scheduled Payment Date NO YES YES
Scheduled Settlement Date YES NO NO
Set-off NO YES NO
Settlement Amount NO YES YES
Specified Entity YES YES YES
Specified Indebtedness YES YES YES
Specified Swap NO NO YES
Specified Transaction YES YES NO
Stamp Tax YES YES YES
Stamp Tax Jurisdiction YES NO NO
Tax YES YES YES
Tax Event YES YES YES
Tax Event Upon Merger YES YES YES
Terminated Transaction YES YES YES
Termination Currency YES YES YES
Termination Currency Equivalent YES YES YES
Termination Event YES YES YES
Termination Rate YES YES NO
Threshold Amount YES NO NO
Transaction YES NO NO
Unpaid Amounts YES YES YES
Waiting Period YES NO NO