Template:Amending security interests: Difference between revisions
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For one thing, to run any risk you have to actually be amending the [[security interest]] itself, rather than other related legal or economic terms. So, if you have — ooh, say a [[prime brokerage agreement]] which contains a [[charge]] but a lot of other stuff besides — you are (in the humble opinion of [[Jolly Contrarian|this bear of little brain]]) most likely to be amending ''other'' things and not the actual charge provision, which tends to be dull and {{sex|workpersonlike}}. You may tweak [[rehypothecation]] limits, financing rates, [[transaction]] terms and so on — but the [[security package]] will remain intact. | For one thing, to run any risk you have to actually be amending the [[security interest]] itself, rather than other related legal or economic terms. So, if you have — ooh, say a [[prime brokerage agreement]] which contains a [[charge]] but a lot of other stuff besides — you are (in the humble opinion of [[Jolly Contrarian|this bear of little brain]]) most likely to be amending ''other'' things and not the actual charge provision, which tends to be dull and {{sex|workpersonlike}}. You may tweak [[rehypothecation]] limits, financing rates, [[transaction]] terms and so on — but the [[security package]] will remain intact. | ||
In any case, the following magic words should help: “These amendments will not affect the effectiveness, time of original execution or priority of any security interests.” |