Chargor - IM CSD Provision

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2018 ISDA Credit Support Deed (IM) (English law)
A Jolly Contrarian owner’s manual™

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Paragraph Chargor in a Nutshell

Use at your own risk, campers!
Chargor” means a party that is required to transfer Eligible Credit Support (IM) under Paragraph 3(a) (or on whose behalf the Custodian (IM) already holds Posted Credit Support (IM)).

Full text of Paragraph Chargor

Chargor” means, unless otherwise specified in Paragraph 13, either party, when (i) that party receives a demand for or is required to transfer Eligible Credit Support (IM) under Paragraph 3(a) or (ii) in relation to that party the Custodian (IM) holds any Posted Credit Support (IM) in the Segregated Accounts.

Related agreements and comparisons

Related Agreements
Click here for the text of Section Chargor in the 2016 ISDA VM CSA
Comparisons
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Content and comparisons

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Summary

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See also

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References