Template:ISDA English Law Credit Support Annex 2016 5(b): Difference between revisions
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{{vmcsaprov|5(b)}} {{vmcsaprov|No Security Interest}}. Nothing in this {{vmcsaprov|Annex}} is intended to create or does create in favour of either party any [[mortgage]], [[charge]], [[lien]], [[pledge]], [[encumbrance]] or other [[security interest]] in any [[cash]] or other [[property]] transferred by one party to the other party under the terms of this {{vmcsaprov|Annex}}.<br> | {{vmcsaprov|5(b)}} '''{{vmcsaprov|No Security Interest}}'''. Nothing in this {{vmcsaprov|Annex}} is intended to create or does create in favour of either party any [[mortgage]], [[charge]], [[lien]], [[pledge]], [[encumbrance]] or other [[security interest]] in any [[cash]] or other [[property]] transferred by one party to the other party under the terms of this {{vmcsaprov|Annex}}.<br> | ||
Latest revision as of 16:19, 17 December 2019
5(b) No Security Interest. Nothing in this Annex is intended to create or does create in favour of either party any mortgage, charge, lien, pledge, encumbrance or other security interest in any cash or other property transferred by one party to the other party under the terms of this Annex.