Template:Nutshell 2018 CSD 4(b): Difference between revisions
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{{imcsdprov|4(b)}} '''{{ | {{imcsdprov|4(b)}} '''{{imcsdprov|Means of Transfer}}'''. All transfers under this {{imcsdprov|Deed}} must be accompanied with any necessary documentation to effect the transfer and made in accordance with the instructions of the relevant transferee: <br> | ||
:(i) '''For {{imcsdprov|Eligible Credit Support (IM)}}''': to the {{imcsdprov|Custodian (IM)}}, who must then credit them to the relevant {{imcsdprov|Segregated Account}}; and <br> | :(i) '''For {{imcsdprov|Eligible Credit Support (IM)}}''': to the {{imcsdprov|Custodian (IM)}}, who must then credit them to the relevant {{imcsdprov|Segregated Account}}; and <br> | ||
:(ii) '''For {{imcsdprov|Posted Credit Support (IM)}}''': by the {{imcsdprov|Custodian (IM)}} (or if relevant the {{imcsdprov|Secured Party}}) to the {{imcsdprov|Chargor}}’s designated account for the receipt of such transfer. <br> | :(ii) '''For {{imcsdprov|Posted Credit Support (IM)}}''': by the {{imcsdprov|Custodian (IM)}} (or if relevant the {{imcsdprov|Secured Party}}) to the {{imcsdprov|Chargor}}’s designated account for the receipt of such transfer. <br> | ||
Latest revision as of 09:02, 21 April 2021
4(b) Means of Transfer. All transfers under this Deed must be accompanied with any necessary documentation to effect the transfer and made in accordance with the instructions of the relevant transferee:
- (i) For Eligible Credit Support (IM): to the Custodian (IM), who must then credit them to the relevant Segregated Account; and
- (ii) For Posted Credit Support (IM): by the Custodian (IM) (or if relevant the Secured Party) to the Chargor’s designated account for the receipt of such transfer.