Template:ISDA New York Law Credit Support Annex 1994 13(g)
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13(g) Holding and Using Posted Collateral.
- Party A and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied:
- (1) Party A is not a Defaulting Party.
- (2) Posted Collateral may be held only in the following jurisdictions: [SPECIFY]
- (3) [SPECIFY]
- Initially, the Custodian for Party A is [SPECIFY]
- (1) Party A is not a Defaulting Party.
- Party B and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied:
- (1) Party B is not a Defaulting Party.
- (2) Posted Collateral may be held only in the following jurisdictions: [SPECIFY]
- (3) [SPECIFY]
- Initially, the Custodian for Party B is [SPECIFY]
- (1) Party B is not a Defaulting Party.
- (ii) Use of Posted Collateral. The provisions of Paragraph 6(c) will not apply to the [party/parties* ] specified here:
- [ ] Party Av
- [ ] Party B
- [ ] Party Av
- and [that party/those parties * ] will not be permitted to: [SPECIFY]