Template:Csa Holding and Using Posted Collateral comp: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "The part of the New York law CSA that undoes all the sterling work that Paragraph {{{{{1}}}|2}} does to establish a {{{{{1}}}|Security Interest}} over collateral posted by a {{{{{1}}}|Pledgor}} to a {{{{{1}}}|Secured Party}}. Note especially {{{{{1}}}|6(c)}} {{{{{1}}}|Use of Posted Collateral}} — the rehypothecation/reuse right." |
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Note especially {{{{{1}}}|6(c)}} {{{{{1}}}|Use of Posted Collateral}} — the [[rehypothecation]]/[[reuse]] right. | Note especially {{{{{1}}}|6(c)}} {{{{{1}}}|Use of Posted Collateral}} — the [[rehypothecation]]/[[reuse]] right. | ||
The 2016 version is all but the same as the 1994 version, except for a peppering of gratuitous “(VM)s”, until you get to 6(d)(ii)(A). All that malarkey about interest transfers is new. | |||
Revision as of 08:45, 8 May 2024
The part of the New York law CSA that undoes all the sterling work that Paragraph {{{{{1}}}|2}} does to establish a {{{{{1}}}|Security Interest}} over collateral posted by a {{{{{1}}}|Pledgor}} to a {{{{{1}}}|Secured Party}}.
Note especially {{{{{1}}}|6(c)}} {{{{{1}}}|Use of Posted Collateral}} — the rehypothecation/reuse right.
The 2016 version is all but the same as the 1994 version, except for a peppering of gratuitous “(VM)s”, until you get to 6(d)(ii)(A). All that malarkey about interest transfers is new.