Template:ISDA English Law Credit Support Annex 2016 1(a): Difference between revisions
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{{vmcsaprov|1(a)}} '''{{vmcsaprov|Definitions and Inconsistency}}'''. Capitalised terms not otherwise defined in this {{vmcsaprov|Annex}} or elsewhere in this {{isdaprov|Agreement}} have the meanings specified pursuant to Paragraph {{vmcsaprov|10}}, and all references in this {{vmcsaprov|Annex}} to Paragraphs are to Paragraphs of this {{vmcsaprov|Annex}}. In the event of any inconsistency between this {{vmcsaprov|Annex}} and the other provisions of this {{isdaprov|Schedule}}, this {{vmcsaprov|Annex}} will prevail, and in the event of any inconsistency between Paragraph {{vmcsaprov|11}} and the other provisions of this {{vmcsaprov|Annex}}, Paragraph {{vmcsaprov|11}} will prevail. For the avoidance of doubt, references to “transfer” in this {{vmcsaprov|Annex}} mean, in relation to cash, payment and, in relation to other assets, delivery.<br> | {{vmcsaprov|1(a)}} '''{{vmcsaprov|Definitions and Inconsistency}}'''. Capitalised terms not otherwise defined in this {{vmcsaprov|Annex}} or elsewhere in this {{isdaprov|Agreement}} have the meanings specified pursuant to Paragraph {{vmcsaprov|10}}, and all references in this {{vmcsaprov|Annex}} to Paragraphs are to Paragraphs of this {{vmcsaprov|Annex}}. In the event of any inconsistency between this {{vmcsaprov|Annex}} and the other provisions of this {{isdaprov|Schedule}}, this {{vmcsaprov|Annex}} will prevail, and in the event of any inconsistency between Paragraph {{vmcsaprov|11}} and the other provisions of this {{vmcsaprov|Annex}}, Paragraph {{vmcsaprov|11}} will prevail. [[For the avoidance of doubt]], references to “transfer” in this {{vmcsaprov|Annex}} mean, in relation to [[cash]], payment and, in relation to other assets, [[delivery]].<br> |
Latest revision as of 04:13, 27 December 2019
1(a) Definitions and Inconsistency. Capitalised terms not otherwise defined in this Annex or elsewhere in this Agreement have the meanings specified pursuant to Paragraph 10, and all references in this Annex to Paragraphs are to Paragraphs of this Annex. In the event of any inconsistency between this Annex and the other provisions of this Schedule, this Annex will prevail, and in the event of any inconsistency between Paragraph 11 and the other provisions of this Annex, Paragraph 11 will prevail. For the avoidance of doubt, references to “transfer” in this Annex mean, in relation to cash, payment and, in relation to other assets, delivery.