Secured Party - 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 Secured Party in a Nutshell

Use at your own risk, campers!
Secured Party” means a party to the extent it is entitled to Eligible Credit Support (IM) or benefits from a Security Interest over Posted Credit Support (IM) credited to the Segregated Accounts.

Full text of Paragraph Secured Party

Secured Party” means unless otherwise specified in Paragraph 13, either party, when (i) that party makes a demand for or is entitled to receive Eligible Credit Support (IM) under Paragraph 3(a) or (ii) the Posted Credit Support (IM) credited to the Segregated Account s is subject to a Security Interest created under this Deed in its favour.

Related agreements and comparisons

Related Agreements
Click here for the text of Section Secured Party in the 2016 ISDA VM CSA
Comparisons
Template:Csddiff Secured Party

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Content and comparisons

Template:M comp disc 2018 CSD Secured Party

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See also

Template:M sa 2018 CSD Secured Party

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References