Template:ISDA English Law Credit Support Deed 2018 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.