Care of Posted Collateral (VM) - NY VM CSA Provision: Difference between revisions

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{{nycsaanat|6(a)|2016ny}}
{{nycsaanat|6(a)|2016ny}}
You can basically stop reading after “Without limiting the {{nyvmcsaprov|Secured Party}}’s rights under Paragraph {{nyvmcsaprov|6(c)}}”. Because the {{nyvmcsaprov|Secured Party}}’s rights under {{nyvmcsaprov|6(c)}} basically allow it to nuke your [[security interest]] the moment it receives your collateral. It can give your carefully pledged asset away.

Revision as of 18:47, 9 January 2020


In a Nutshell Section Template:2016nynycsaprov:

Template:Nutshell 2016ny NY CSA 6(a) view template

Template:2016nynycsa full text of Section Template:2016nynycsaprov:

Template:ISDA New York Law Credit Support Annex 2016ny 6(a) view template

Related Agreements
Click [[6(a) - Template:Not2016nyNY CSA Provision|here]] for the text of Section Template:Not2016nynycsaprov in the [[Template:Not2016ny NY CSA Anatomy|Template:Not2016ny New York law CSA]]
Click [[{{{3}}} - CSA Provision|here]] for the text of Section [[{{{3}}} - CSA Provision|{{{3}}}]] in the 1995 English Law CSA
Click [[{{{3}}} - VM CSA Provision|here]] for the text of Section [[{{{3}}} - VM CSA Provision|{{{3}}}]] in the 2016 English Law VM CSA
Comparisons
Template:2nycsadiff 6(a)
Template:Nycsadiff 6(a)
{{csadiff {{{3}}}}}


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Differences between CSA versions

Template:Nycsa capsule 6(a) You can basically stop reading after “Without limiting the Secured Party’s rights under Paragraph 6(c)”. Because the Secured Party’s rights under 6(c) basically allow it to nuke your security interest the moment it receives your collateral. It can give your carefully pledged asset away.