Template:M summ 1994 NY CSA Specified Condition: Difference between revisions

Revision as of 15:51, 7 February 2022

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	~~[[Specified Condition -~~ NY VM CSA Provision\|Unique]] to the {{nyvmcsa}} these {{nyvmcsaprov\|Specified Condition}}s are an extra little means of adding still ''more'' triggers into your {{isdama}} — as if the {{isdaprov\|Events of Default}} and {{isdaprov\|Early Termination Event}}s you have laboriously written in aren’t enough.		{{M summ 1994 NY CSA Specified Condition}}

	~~These {{nyvmcsaprov\|~~Specified Condition}}s, you might imagine, have a slightly softer pallor as they confer less onerous rights — simply disabling a {{nyvmcsaprov\|Secured Party}}’s right to [[rehypothecate]] the {{nyvmcsaprov\|Posted Collateral (VM)}} a {{nyvmcsaprov\|Pledgor}} may have given to it.