Template:ISDA English Law Credit Support Deed 2018 6(c): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{imcsdprov|6(c)}} '''{{imcsdprov|No Use of Posted Credit Support (IM)}}'''. Without limiting the rights of the {{imcsdprov|Secured Party}} under the other provisions of this..." |
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{{imcsdprov|6(c)}} '''{{imcsdprov|No Use of Posted Credit Support (IM)}}'''. Without limiting the rights of the {{imcsdprov|Secured Party}} under the other provisions of this {{imcsdprov|Deed}}, the {{imcsdprov|Secured Party}} will have no right to: <br> | {{imcsdprov|6(c)}} '''{{imcsdprov|No Use of Posted Credit Support (IM)}}'''. Without limiting the rights of the {{imcsdprov|Secured Party}} under the other provisions of this {{imcsdprov|Deed}}, the {{imcsdprov|Secured Party}} will have no right to: <br> | ||
(i) sell, [[pledge]], [[rehypothecate]], assign, invest, use, commingle or otherwise dispose of, or otherwise use in its business any {{imcsdprov|Posted Credit Support (IM)}}; or <br> | :(i) sell, [[pledge]], [[rehypothecate]], assign, invest, use, commingle or otherwise dispose of, or otherwise use in its business any {{imcsdprov|Posted Credit Support (IM)}}; or <br> | ||
(ii) register any {{imcsdprov|Posted Credit Support (IM)}} in the name of the {{imcsdprov|Secured Party}}, its [[custodian]] or a [[nominee]] for either.<br> | :(ii) register any {{imcsdprov|Posted Credit Support (IM)}} in the name of the {{imcsdprov|Secured Party}}, its [[custodian]] or a [[nominee]] for either.<br> | ||
Latest revision as of 14:33, 21 April 2021
6(c) No Use of Posted Credit Support (IM). Without limiting the rights of the Secured Party under the other provisions of this Deed, the Secured Party will have no right to:
- (i) sell, pledge, rehypothecate, assign, invest, use, commingle or otherwise dispose of, or otherwise use in its business any Posted Credit Support (IM); or
- (ii) register any Posted Credit Support (IM) in the name of the Secured Party, its custodian or a nominee for either.