NAV trigger: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 26: Line 26:
'''[[Credit]]''': “Help! Help! It’s a legal agreement! I am not qualified to do this! I cannot opine!”<br>
'''[[Credit]]''': “Help! Help! It’s a legal agreement! I am not qualified to do this! I cannot opine!”<br>


You’ll never guess where the [[JC]]’s sympathies lie. By the way, [[Waiver by estoppel|waiving]] a [[breach of contract]] under [[English law]], without [[consideration]], is unlikely to permanently change your contractual terms for the worse<ref>See [[estoppel by waiver]] and [[no oral modification]] for a more developed discussion.</ref> — a mnotivating fear of all [[legal eagles]] and [[credit officers]] — but may well do, if you are not careful, under the [[New York law|laws of the State of New York]]<ref>See [[course of dealing]].<./ref> as it may create a [[course of dealing]].
You’ll never guess where the [[JC]]’s sympathies lie. By the way, [[Waiver by estoppel|waiving]] a [[breach of contract]] under [[English law]], without [[consideration]], is unlikely to permanently change your contractual terms for the worse<ref>See [[waiver by estoppel]] and [[no oral modification]] for a more developed discussion.</ref> — a motivating fear of all [[legal eagles]] and [[credit officers]] — but may well do, if you are not careful, under the [[New York law|laws of the State of New York]]<ref>See [[course of dealing]].</ref> as it may create a [[course of dealing]].


===So, put the NAV trigger in a [[margin lockup]]===
===So, put the NAV trigger in a [[margin lockup]]===