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Template:Csa Holding and Using Posted Collateral summ: Difference between revisions
Template:Csa Holding and Using Posted Collateral summ (view source)
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====Distributions==== | |||
Handily, {{icds}} captures all the forms of income that could kick off {{{{{1}}}|Posted Credit Support}} as “{{{{{1}}}|Distributions}}”: | |||
{{quote| | |||
{{{{{1}}} Distributions definition}}}} | |||
====Care of Posted Collateral==== | ====Care of Posted Collateral==== | ||
You can basically stop reading after “Without limiting the {{{{{1}}}|Secured Party}}’s rights under Paragraph {{{{{1}}}|6(c)}}”. Because the {{{{{1}}}|Secured Party}}’s rights under {{{{{1}}}|6(c)}} basically allow it to nuke your [[security interest]] the moment it receives your collateral. It can ''give'' your carefully pledged asset away. | You can basically stop reading after “Without limiting the {{{{{1}}}|Secured Party}}’s rights under Paragraph {{{{{1}}}|6(c)}}”. Because the {{{{{1}}}|Secured Party}}’s rights under {{{{{1}}}|6(c)}} basically allow it to nuke your [[security interest]] the moment it receives your collateral. It can ''give'' your carefully pledged asset away. | ||