Template:ISDA New York Law Credit Support Annex 1994 12: Difference between revisions

{{ISDA New York Law Credit Support Annex 1994 Other Eligible Support}}

{{ISDA New York Law Credit Support Annex 1994 Other Posted Support}}

“'''{{nycsaprov|Pledgor}}'''” means either party, when that party (i) receives a demand for or is required to {{nycsaprov|Transfer}} {{nycsaprov|Eligible Credit Support}} under Paragraph {{nycsaprov|3(a)}} or (ii) has {{nycsaprov|Transfer}}red {{nycsaprov|Eligible Credit Support}} under Paragraph {{nycsaprov|3(a)}}.<br>

“'''{{nycsaprov|Posted Collateral}}'''” means all {{nycsaprov|Eligible Collateral}}, other property, {{nycsaprov|Distributions}}, and all proceeds thereof that have been {{nycsaprov|Transfer}}red to or received by the {{nycsaprov|Secured Party}} under this Annex and not {{nycsaprov|Transfer}}red to the {{nycsaprov|Pledgor}} pursuant to Paragraph {{nycsaprov|3(b)}}, 4(d)(ii) or 6(d)(i) or released by the {{nycsaprov|Secured Party}} under Paragraph {{nycsaprov|8}}. Any {{nycsaprov|Interest Amount}} or portion thereof not {{nycsaprov|Transfer}}red pursuant to Paragraph {{nycsaprov|6(d)(ii)}} will constitute {{nycsaprov|Posted Collateral}} in the form of {{nycsaprov|Cash}}.<br>

“'''{{nycsaprov|Recalculation Date}}'''” means the {{nycsaprov|Valuation Date}} that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent {{nycsaprov|Valuation Date}} occurs under Paragraph {{nycsaprov|3}} prior to the resolution of the dispute, then the “'''{{nycsaprov|Recalculation Date}}'''” means the most recent {{nycsaprov|Valuation Date}} under Paragraph {{nycsaprov|3}}.<br>

“'''{{nycsaprov|Resolution Time}}'''” has the meaning specified in Paragraph {{nycsaprov|13}}.<br>