Template:ISDA English Law Credit Support Deed 2018 Secured Party: Difference between revisions
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“'''{{imcsdprov|Secured Party}}'''” means unless otherwise specified in Paragraph {{imcsdprov|13}}, either party, when (i) that party makes a demand for or is entitled to receive {{imcsdprov|Eligible Credit Support (IM)}} under Paragraph {{csaprov|3(a)}} or (ii) the {{imcsdprov|Posted Credit Support (IM)}} credited to the {{imcsdprov|Segregated Account}} s is subject to a {{csaprov|Security Interest}} created under this {{csaprov|Deed}} in its favour. | “'''{{imcsdprov|Secured Party}}'''” means unless otherwise specified in Paragraph {{imcsdprov|13}}, either party, when (i) that party makes a demand for or is entitled to receive {{imcsdprov|Eligible Credit Support (IM)}} under Paragraph {{csaprov|3(a)}} or (ii) the {{imcsdprov|Posted Credit Support (IM)}} credited to the {{imcsdprov|Segregated Account}} s is subject to a {{csaprov|Security Interest}} created under this {{csaprov|Deed}} in its favour. <br> | ||
Latest revision as of 12:46, 20 April 2021
“Secured Party” means unless otherwise specified in Paragraph 13, either party, when (i) that party makes a demand for or is entitled to receive Eligible Credit Support (IM) under Paragraph 3(a) or (ii) the Posted Credit Support (IM) credited to the Segregated Account s is subject to a Security Interest created under this Deed in its favour.