Reinstatement of Credit Support Eligibility - VM CSA Provision

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2016 VM CSA Anatomy™


In a Nutshell Section 9(g):

Template:Nutshell 2016 CSA 9(g) view template

2016 VM CSA full text of Section 9(g):

9(g) Reinstatement of Credit Support Eligibility. Upon a reasonable request by the Transferor, the Transferee will determine whether an item (or a specified amount of such item) of Eligible Credit Support (VM) that was the subject of a prior Legal Ineligibility Notice would currently satisfy the Legal Eligibility Requirements applicable to the Transferee. If the Transferee determines that as of such date of determination such item (or specified amount of such item) satisfies the Legal Eligibility Requirements applicable to the Transferee, the Transferee will promptly following such determination rescind the relevant Legal Ineligibility Notice with respect to such item (or specified amount of such item) by written notice to the Transferor. Upon the delivery of such notice, the relevant item (or specified amount of such item) will constitute Eligible Credit Support (VM) hereunder.
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Related Agreements
Click here for the text of Section 9(g) in the 1995 English Law CSA
Click here for the text of Section 9(g) in the 2016 English Law VM CSA
Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA
Comparisons
Template:Csadiff 9(g)
{{nycsadiff {{{3}}}}}

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