Care of Posted Collateral (VM) - NY VM CSA Provision

{{anattitle-{{{2}}}nycsa }} Go Premium In a Nutshell™ Section {{{{{2}}}nycsaprov|6(a)}}: {{Nutshell {{{2}}} NY CSA 6(a)}} [[Template:Nutshell {{{2}}} NY CSA 6(a)|view template]] {{{{{2}}}nycsa}} full text of Section {{{{{2}}}nycsaprov|6(a)}}: {{ISDA New York Law Credit Support Annex {{{2}}} 6(a)}} [[Template:ISDA New York Law Credit Support Annex {{{2}}} 6(a)|view template]] Related Agreements Click [[6(a) - {{not{{{2}}}NY}} CSA Provision|here]] for the text of Section {{not{{{2}}}nycsaprov|6(a)}} in the [[{{not{{{2}}}}} NY CSA Anatomy|{{not{{{2}}}}} New York law CSA]] There is no equivalent to this provision in either the 1995 CSA or the 2016 VM CSA {{anatresources-{{{2}}}nycsa}}{{anatnavigation-{{{2}}}nycsa}} Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

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.