Template:M summ 1994 NY CSA Specified Condition: Difference between revisions

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[[Specified Condition - NY VM CSA Provision|Unique]] to the {{nyvmcsa}} these {{nyvmcsaprov|Specified Condition}}s are an extra little means of adding still ''more'' triggers into your {{isdama}} — as if the {{isdaprov|Events of Default}} and {{isdaprov|Early Termination Event}}s you have laboriously written in aren’t enough.
{{M summ 1994 NY CSA Specified Condition}}
 
These {{nyvmcsaprov|Specified Condition}}s, you might imagine, have a slightly softer pallor as they confer less onerous rights — simply disabling a {{nyvmcsaprov|Secured Party}}’s right to [[rehypothecate]] the {{nyvmcsaprov|Posted Collateral (VM)}} a {{nyvmcsaprov|Pledgor}} may have given to it.

Revision as of 15:51, 7 February 2022