Tags: Mobile edit Mobile web edit |
|
Line 1: |
Line 1: |
| {{nycsaanat|Transfer|1994|Transfer}} | | {{nycsamanual|Transfer|1994|Transfer}} |
Latest revision as of 13:18, 31 August 2023
1994 ISDA Credit Support Annex (New York law)
A Jolly Contrarian owner’s manual™
Transfer in a Nutshell™
The JC’s Nutshell™ summary of this term has moved uptown to the subscription-only ninja tier. For the cost of ½ a weekly 🍺 you can get it here. Sign up at Substack. You can even ask questions! Ask about it here.
|
Transfer in all its glory
“ Transfer” means, with respect to any Eligible Credit Support, Posted Credit Support or Interest Amount, and in accordance with the instructions of the Secured Party, Pledgor or Custodian, as applicable:
- (i)} in the case ofCash, payment or delivery by wire transfer into one or more bank accounts specified by the recipient;
- (ii) in the case of certificated securities that cannot be paid or delivered by book-entry, payment or delivery in appropriate physical form to the recipient or its account accompanied by any duly executed instruments of transfer, assignments in blank, transfer tax stamps and any other documents necessary to constitute a legally valid transfer to the recipient;
- (iii) in the case of securities that can be paid or delivered by book-entry, the giving of written instructions to the relevant depository institution or other entity specified by the recipient, together with a written copy thereof to the recipient, sufficient if complied with to result in a legally effective transfer of the relevant interest to the recipient; and
- (iv) in the case of Other Eligible Support or Other Posted Support, as specified in Paragraph 13.
|
Resources and Navigation
|
Overview
Template:M comp disc 1994 CSA Transfer
Summary
Template:M summ 1994 CSA Transfer
Premium content
Premium content
Here the free bit runs out. Subscribers click 👉 here. New readers sign up 👉 here and, for ½ a weekly 🍺 go full ninja about all these juicy topics👇
|
See also
Template:M sa 1994 CSA Transfer
References