Template:ISDA English Law Credit Support Deed 2018 11: Difference between revisions

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Template:ISDA English Law Credit Support Deed 2018 11 (view source)

Revision as of 18:22, 6 May 2021

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:(iii) agrees, to the extent permitted by applicable law, that the bringing of {{imcsdprov|Proceedings}} in any one or more jurisdictions will not preclude the bringing of {{imcsdprov|Proceedings}} in any other jurisdiction. <br>
:(iii) agrees, to the extent permitted by applicable law, that the bringing of {{imcsdprov|Proceedings}} in any one or more jurisdictions will not preclude the bringing of {{imcsdprov|Proceedings}} in any other jurisdiction. <br>
{{imcsdprov|11(h)}} '''{{imcsdprov|Service of Process}}'''. Each party irrevocably appoints the Process Agent, if any, specified opposite its name in Paragraph {{imcsdprov|13}} to receive, for it and on its behalf, service of process in any proceedings before the English courts in connection with this Deed. If for any reason any party’s Process Agent is unable to act as such, such party will promptly notify the other party and may within 30 days appoint a substitute process agent acceptable to the other party. The parties irrevocably consent to service of process given in the manner provided for notices in Section 12 of the Agreement, except as otherwise provided in Paragraph {{imcsdprov|13}}. Nothing in this Deed will affect the right of either party to serve process in any other manner permitted by applicable law. <br>
{{imcsdprov|11(h)}} '''{{imcsdprov|Service of Process}}'''. Each party irrevocably appoints the Process Agent, if any, specified opposite its name in Paragraph {{imcsdprov|13}} to receive, for it and on its behalf, service of process in any proceedings before the English courts in connection with this Deed. If for any reason any party’s Process Agent is unable to act as such, such party will promptly notify the other party and may within 30 days appoint a substitute process agent acceptable to the other party. The parties irrevocably consent to service of process given in the manner provided for notices in Section 12 of the Agreement, except as otherwise provided in Paragraph {{imcsdprov|13}}. Nothing in this Deed will affect the right of either party to serve process in any other manner permitted by applicable law. <br>
{{ISDA English Law Credit Support Deed 2018 11(i)}}{{imcsdprov|11(i)}}
{{ISDA English Law Credit Support Deed 2018 11(i)}}
{{imcsdprov|11(j)}} '''{{imcsdprov|(More) Interpretation}}'''. Unless otherwise specified in Paragraph {{imcsdprov|13}}, references in this {{imcsdprov|Deed}} to a law, statute or statutory provision include (i) such law, statute or statutory provision as from time to time amended, modified, re-enacted or consolidated whether before or after the date of this Deed; and (ii) any subordinate legislation from time to time made, amended, modified, re-enacted or consolidated, whether before or after the date of this Deed under any such law, statute or statutory provision. Notwithstanding the foregoing, for the purposes of determining (i) if a Transaction is a {{imcsdprov|Covered Transaction (IM)}} and (ii) what version of any standardised initial margin schedule applies to a particular Transaction (if the parties have otherwise agreed to apply such standardised initial margin schedule to such {{isdaprov|Transaction}}), the relevant law, statute, statutory provision or subordinate legislation will be such law, statute, statutory provision or subordinate legislation as in effect on the date the relevant Transaction was entered into. <br>
{{ISDA English Law Credit Support Deed 2018 11(j)}}
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