Template:ISDA New York Law Credit Support Annex 1994 13(g)

From The Jolly Contrarian
Revision as of 14:59, 17 June 2024 by Amwelladmin (talk | contribs) (Created page with "{{nycsaprov|13(g)}} '''{{nycsaprov|Holding and Using Posted Collateral}}'''.<br> :(i) '''{{nycsaprov|Eligibility to Hold Posted Collateral; Custodians}}'''. :Party A and its {{nycsaprov|Custodian}} will be entitled to hold {{nycsaprov|Posted Collateral}} pursuant to Paragraph {{nycsaprov|6(b)}}; provided that the following conditions applicable to it are satisfied:<br> ::(1) Party A is not a {{isdaprov|Defaulting Party}}.<br> ::(2) Posted Collateral may be held only in...")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

13(g) Holding and Using Posted Collateral.

(i) Eligibility to Hold Posted Collateral; Custodians.
Party A and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied:
(1) Party A is not a Defaulting Party.
(2) Posted Collateral may be held only in the following jurisdictions: [SPECIFY]
(3) [SPECIFY]
Initially, the Custodian for Party A is [SPECIFY]
Party B and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied:
(1) Party B is not a Defaulting Party.
(2) Posted Collateral may be held only in the following jurisdictions: [SPECIFY]
(3) [SPECIFY]
Initially, the Custodian for Party B is [SPECIFY]
(ii) Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to the [party/parties* ] specified here:
[ ] Party Av
[ ] Party B
and [that party/those parties * ] will not be permitted to: [SPECIFY]
Retrieved from "https://jollycontrarian.com/index.php?title=Template:ISDA_New_York_Law_Credit_Support_Annex_1994_13(g)&oldid=86732"