Template:Nutshell 2018 CSD 4(b): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "{{imcsdprov|4(b)}} '''{{csaprov|Means of Transfer}}'''. All transfers under this {{csaprov|Deed}} must be accompanied with any necessary documentation to effect the transfer a...")
(No difference)

Revision as of 08:57, 21 April 2021

4(b) Means of Transfer. All transfers under this Deed must be accompanied with any necessary documentation to effect the transfer and made in accordance with the instructions of the relevant transferee:

(i) For Eligible Credit Support (IM): to the Custodian (IM) and by the Custodian (IM) crediting them to the relevant Segregated Account; and
(ii) For Posted Credit Support (IM): by the Custodian (IM) (or if relevant the Secured Party) to the Chargor’s designated account for the receipt of such transfer.