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Template:ISDA New York Law Credit Support Annex 2016 12: Difference between revisions
Template:ISDA New York Law Credit Support Annex 2016 12 (view source)
Revision as of 17:48, 8 January 2020
, 8 January 2020→Paragraph {{nyvmcsaprov|12}} {{nyvmcsaprov|Definitions}}
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“'''{{nyvmcsaprov|Secured Party}}'''” means either party, when that party (i) makes a demand for or is entitled to receive {{nyvmcsaprov|Eligible Credit Support (VM)}} under Paragraph {{nyvmcsaprov|3(a)}} or (ii) holds or is deemed to hold {{nyvmcsaprov|Posted Credit Support (VM)}}.<br> | “'''{{nyvmcsaprov|Secured Party}}'''” means either party, when that party (i) makes a demand for or is entitled to receive {{nyvmcsaprov|Eligible Credit Support (VM)}} under Paragraph {{nyvmcsaprov|3(a)}} or (ii) holds or is deemed to hold {{nyvmcsaprov|Posted Credit Support (VM)}}.<br> | ||
“'''{{nyvmcsaprov|Set-off}}'''” means {{nyvmcsaprov|Set-off}}, offset, combination of accounts, right of retention or withholding or similar right or requirement (whether arising under this Agreement, another contract, applicable law or otherwise) and, when used as a verb, the exercise of any such right or the imposition of any such requirement.<br> | “'''{{nyvmcsaprov|Set-off}}'''” means {{nyvmcsaprov|Set-off}}, offset, combination of accounts, right of retention or withholding or similar right or requirement (whether arising under this Agreement, another contract, applicable law or otherwise) and, when used as a verb, the exercise of any such right or the imposition of any such requirement.<br> | ||
{{ISDA New York Law Credit Support Annex 2016 Specified Condition}} | |||
“'''{{nyvmcsaprov|Substitute Credit Support (VM)}}'''” has the meaning specified in Paragraph 4(d)(i).<br> | “'''{{nyvmcsaprov|Substitute Credit Support (VM)}}'''” has the meaning specified in Paragraph 4(d)(i).<br> | ||
“'''{{nyvmcsaprov|Substitution Date}}'''” has the meaning specified in Paragraph 4(d)(ii).<br> | “'''{{nyvmcsaprov|Substitution Date}}'''” has the meaning specified in Paragraph 4(d)(ii).<br> | ||