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Amwelladmin (talk | contribs) (Created page with ":(ii) '''{{imcsdprov|Secured Party’s Rights}}'''. If at any time a {{imcsdprov|Secured Party Rights Event}} has occurred and is continuing, then, unless the {{imcsdprov|Char...") |
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::(C) to the extent that the assets charged under this Deed constitute "financial collateral" and this Deed and the obligations of the {{imcsdprov|Chargor}} under this Deed constitute a "security financial collateral arrangement" (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) {{imcsdprov|Regulations}} 2003) (the “'''{{imcsdprov|Regulations}}'''”), to appropriate all or any part of that financial collateral in or towards the satisfaction of the {{imcsdprov|Obligations}} in such order as the {{imcsdprov|Secured Party}} sees fit; and | ::(C) to the extent that the assets charged under this Deed constitute "financial collateral" and this Deed and the obligations of the {{imcsdprov|Chargor}} under this Deed constitute a "security financial collateral arrangement" (in each case for the purpose of and as defined in the Financial Collateral Arrangements (No. 2) {{imcsdprov|Regulations}} 2003) (the “'''{{imcsdprov|Regulations}}'''”), to appropriate all or any part of that financial collateral in or towards the satisfaction of the {{imcsdprov|Obligations}} in such order as the {{imcsdprov|Secured Party}} sees fit; and | ||
::(D) to collect, recover or compromise and to give a good discharge for any moneys payable to the {{imcsdprov|Chargor}} in respect of any of the {{imcsdprov|Posted Credit Support (IM)}}; | ::(D) to collect, recover or compromise and to give a good discharge for any moneys payable to the {{imcsdprov|Chargor}} in respect of any of the {{imcsdprov|Posted Credit Support (IM)}}; | ||
and for the purposes of this Paragraph {{imcsdprov|8(a}}) the {{imcsdprov|Secured Party}} shall be entitled to make any currency conversions or effect any transaction in currencies which it thinks fit, and to do so at such times and rates as it thinks proper. <br> | :and for the purposes of this Paragraph {{imcsdprov|8(a}}) the {{imcsdprov|Secured Party}} shall be entitled to make any currency conversions or effect any transaction in currencies which it thinks fit, and to do so at such times and rates as it thinks proper. <br> |