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{{csaanat|Specified Condition|2016ny}} | {{csaanat|Specified Condition|2016ny}} | ||
Unique to the {{nyvmcsa}} these {{nyvmcsaprov|Special Condition}}s are an extra little means of adding still ''more'' triggers into your {{isdama}} — as if the {{isdaprov|Events of Default}} and {{isdaprov|Early Termination Event}}s you have laboriously written in aren’t enough. | |||
These {{nyvmcsaprov|Specified Condition}}s, you might imagine, have a slightly softer pallor as they confer less onerous rights — simply disabling a {{nyvmcsaprov|Secured Party}}’s right to [[rehypothecate]] the {{nyvmcsaprov|Posted Collateral (VM)}} a {{nyvmcsaprov|Pledgor}} may have given to it. | These {{nyvmcsaprov|Specified Condition}}s, you might imagine, have a slightly softer pallor as they confer less onerous rights — simply disabling a {{nyvmcsaprov|Secured Party}}’s right to [[rehypothecate]] the {{nyvmcsaprov|Posted Collateral (VM)}} a {{nyvmcsaprov|Pledgor}} may have given to it. |