Template:ISDA New York Law Credit Support Annex 1994 1: Difference between revisions

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Para {{nycsaprov|1}} '''{{nycsaprov|Interpretation}}'''<br>
Para {{nycsaprov|1}} '''{{nycsaprov|Interpretation}}'''<br>
{{nycsaprov|1(a)}} '''{{nycsaprov|Definitions and Inconsistency}}'''. Capitalized terms not otherwise defined herein or elsewhere in this Agreement have the meanings specified pursuant to Paragraph {{nycsaprov|12}}, and all references in this Annex to Paragraphs are to Paragraphs of this Annex. In the event of any inconsistency between this Annex and the other provisions of this Schedule, this Annex will prevail, and in the event of any inconsistency between Paragraph {{nycsaprov|13}} and the other provisions of this Annex, Paragraph {{nycsaprov|13}} will prevail.<br>
{{ISDA New York Law Credit Support Annex 1994 1(a)}}
{{nycsaprov|1(b)}} '''{{nycsaprov|Secured Party and Pledgor}}'''. All references in this Annex to the “'''{{nycsaprov|Secured Party}}'''” will be to either party when acting in that capacity and all corresponding references to the “'''{{nycsaprov|Pledgor}}'''” will be to the other party when acting in that capacity; provided, however, that if {{nycsaprov|Other Posted Support}} is held by a party to this Annex, all references herein to that party as the {{nycsaprov|Secured Party}} with respect to that {{nycsaprov|Other Posted Support}} will be to that party as the beneficiary thereof and will not subject that support or that party as the beneficiary thereof to provisions of law generally relating to security interests and secured parties. <br>
{{ISDA New York Law Credit Support Annex 1994 1(b)}}