Talk:Posted Credit Support (IM) - IM CSD Provision: Difference between revisions

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(Created page with "2016 NY VM CSA 10(b) Posted Credit Support (VM). The Pledgor will promptly pay when due all taxes, assessments or charges of any nature that are imposed with respect to Poste...")
 
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2016 NY VM CSA
2018 IM CSD


10(b) Posted Credit Support (VM). The Pledgor will promptly pay when due all taxes, assessments or charges of any nature that are imposed with respect to Posted Credit Support (VM) held by the Secured Party upon becoming aware of the same, regardless of whether any portion of that Posted Credit Support (VM) is subsequently disposed of under Paragraph 6(c), except for those taxes, assessments and charges that result from the exercise of the Secured Party’s rights under Paragraph 6(c).
“Posted Credit Support (IM)” means all Eligible Credit Support (IM), other property, Distributions, and all proceeds thereof that have been transferred to or received into the relevant Segregated Account under this Deed or otherwise credited to the relevant Segregated Account by the Custodian (IM) and not transferred to the Chargor pursuant to the provisions of this Deed, or otherwise debited from the relevant Segregated Account by the Custodian (IM).

Revision as of 16:21, 26 April 2021

2018 IM CSD

“Posted Credit Support (IM)” means all Eligible Credit Support (IM), other property, Distributions, and all proceeds thereof that have been transferred to or received into the relevant Segregated Account under this Deed or otherwise credited to the relevant Segregated Account by the Custodian (IM) and not transferred to the Chargor pursuant to the provisions of this Deed, or otherwise debited from the relevant Segregated Account by the Custodian (IM).

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