82,974
edits
Template:Amending security interests: Difference between revisions
no edit summary
Amwelladmin (talk | contribs) (Created page with "If you amend a security document you risk the argument that you have terminated the old security interest and created a new one, thereby re-starting any voidable pre...") |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 5: | Line 5: | ||
For one thing, to run any risk you have to actually be amending the [[security interest]] itself, rather than other related legal or economic terms. So, if you have — ooh, say a [[prime brokerage agreement]] which contains a [[charge]] but a lot of other stuff besides — you are (in the humble opinion of [[Jolly Contrarian|this bear of little brain]]) most likely to be amending ''other'' things and not the actual charge provision, which tends to be dull and {{sex|workpersonlike}}. You may tweak [[rehypothecation]] limits, financing rates, [[transaction]] terms and so on — but the [[security package]] will remain intact. | For one thing, to run any risk you have to actually be amending the [[security interest]] itself, rather than other related legal or economic terms. So, if you have — ooh, say a [[prime brokerage agreement]] which contains a [[charge]] but a lot of other stuff besides — you are (in the humble opinion of [[Jolly Contrarian|this bear of little brain]]) most likely to be amending ''other'' things and not the actual charge provision, which tends to be dull and {{sex|workpersonlike}}. You may tweak [[rehypothecation]] limits, financing rates, [[transaction]] terms and so on — but the [[security package]] will remain intact. | ||
{{magicwords| | {{magicwords|full force and effect}} | ||