Template:ISDA English Law Credit Support Deed 2018 2(b): Difference between revisions

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(Created page with "2(b) '''Security'''. Each party as the {{imcsdprov|Chargor}}, as security for the performance of the {{imcsdprov|Obligations}}: :(i) charges and agrees to charge, with full...")
 
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2(b) '''Security'''. Each party as the {{imcsdprov|Chargor}}, as security for the performance of the {{imcsdprov|Obligations}}:
2(b) '''Security'''. Each party as the {{imcsdprov|Chargor}}, as security for the performance of the {{imcsdprov|Obligation}}s:
:(i) charges and agrees to charge, with [[full title guarantee]], in favour of the {{imcsdprov|Secured Party}} by way of [[Fixed charge|first fixed charge]]:
:(i) charges and agrees to charge, with [[full title guarantee]], in favour of the {{imcsdprov|Secured Party}} by way of [[Fixed charge|first fixed charge]]:
::(A) all {{imcsdprov|Posted Credit Support (IM)}} (present and future); and <br>
::(A) all {{imcsdprov|Posted Credit Support (IM)}} (present and future); and <br>
::(B) each {{imcsdprov|Segregated Account}}, and <br>
::(B) each {{imcsdprov|Segregated Account}}, and <br>
:(ii) [[Assignment|assigns]] and agrees to assign, with [[full title guarantee]], the {{imcsdprov|Assigned Rights}} to the {{imcsdprov|Secured Party}} absolutely. <br>
:(ii) [[Assignment|assigns]] and agrees to assign, with [[full title guarantee]], the {{imcsdprov|Assigned Rights}} to the {{imcsdprov|Secured Party}} absolutely. <br>

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