Template:ISDA New York Law Credit Support Annex 1994 Distributions: Difference between revisions

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Revision as of 23:08, 24 January 2020

Distributions” means with respect to Posted Collateral other thanCash, all principal, interest and other payments and distributions of cash or other property with respect thereto, regardless of whether the Secured Party has disposed of that Posted Collateral under Paragraph 6(c). Distributions will not include any item of property acquired by the Secured Party upon any disposition or liquidation of Posted Collateral or, with respect to any Posted Collateral in the form of Cash, any distributions on that collateral, unless otherwise specified herein.