Template:ISDA English Law Credit Support Deed 2018 2(b): Difference between revisions

Latest revision as of 14:53, 7 May 2021

2(b) Security. Each party as the Chargor, as security for the performance of the Obligations:

(i) charges and agrees to charge, with full title guarantee, in favour of the Secured Party by way of first fixed charge:

(A) all Posted Credit Support (IM) (present and future); and

(ii) assigns and agrees to assign, with full title guarantee, the Assigned Rights to the Secured Party absolutely.

@@ Line 1: / Line 1: @@
-{{imcsdprov|2(b)}}	'''Security'''. Each party as the {{imcsdprov|Chargor}}, as [[security]] for the performance of the {{imcsdprov|Obligation}}s:
+{{imcsdprov|2(b)}}	'''[[Security (2(b)) - IM CSD Provision|Security]]'''. Each party as the {{imcsdprov|Chargor}}, as [[security]] for the performance of the {{imcsdprov|Obligation}}s:
 :(i) charges and agrees to charge, with [[full title guarantee]], in favour of the {{imcsdprov|Secured Party}} by way of [[Fixed charge|first fixed charge]]:
 ::(A) all {{imcsdprov|Posted Credit Support (IM)}} (present and future); and <br>
 ::(B) each {{imcsdprov|Segregated Account}}, and <br>
 :(ii) [[Assignment|assigns]] and agrees to assign, with [[full title guarantee]], the {{imcsdprov|Assigned Rights}} to the {{imcsdprov|Secured Party}} absolutely. <br>