Template:Nutshell 2016 CSA 5(a): Difference between revisions

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(Created page with "{{vmcsaprov|5(a)}} '''{{vmcsaprov|Transfer of Title}}'''. TItle to any {{vmcsaprov|Eligible Credit Support}}, {{vmcsaprov|Equivalent Credit Support}}, {{vmcsaprov|Equivalent D...")
 
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{{vmcsaprov|5(a)}} '''{{vmcsaprov|Transfer of Title}}'''. TItle to any {{vmcsaprov|Eligible Credit Support}}, {{vmcsaprov|Equivalent Credit Support}}, {{vmcsaprov|Equivalent Distributions}} or {{vmcsaprov|Interest Payment (VM)}} transferred under this {{vmcsaprov|Annex}} will vest in the recipient free of any [[encumbrance]]s or other interests (other than usual [[clearing system]] [[lien]]s). <br>
{{vmcsaprov|5(a)}} '''{{vmcsaprov|Transfer of Title}}'''. Title to any {{vmcsaprov|Eligible Credit Support}}, {{vmcsaprov|Equivalent Credit Support}}, {{vmcsaprov|Equivalent Distributions}} or {{vmcsaprov|Interest Payment (VM)}} transferred under this {{vmcsaprov|Annex}} will vest in the recipient free of any [[encumbrance]]s (other than usual [[clearing system]] [[lien]]s). <br>

Latest revision as of 14:39, 1 January 2020

5(a) Transfer of Title. Title to any Eligible Credit Support, Equivalent Credit Support, Equivalent Distributions or Interest Payment (VM) transferred under this Annex will vest in the recipient free of any encumbrances (other than usual clearing system liens).