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)

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 {{ISDA New York Law Credit Support Annex 2016 Interest Rate (VM)}}
 {{ISDA New York Law Credit Support Annex 2016 Legal Eligibility Requirements}}
+{{ISDA New York Law Credit Support Annex 2016 Legal Ineligibility Notice}}
 {{ISDA New York Law Credit Support Annex 2016 Local Business Day}}
 {{ISDA New York Law Credit Support Annex 2016 Minimum Transfer Amount}}
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 {{ISDA New York Law Credit Support Annex 2016 Local Business Day}}
-“'''{{nyvmcsaprov|Minimum Transfer Amount}}'''” means, with respect to a party, the amount specified as such for that party in Paragraph 13; if no amount is specified, zero.<br>
-“'''{{nyvmcsaprov|Notification Time}}'''” has the meaning specified in Paragraph {{nyvmcsaprov|13}}.<br>
-“'''{{nyvmcsaprov|Obligations}}'''” means, with respect to a party, all present and future obligations of that party under this Agreement and any additional obligations specified for that party in Paragraph {{nyvmcsaprov|13}}.<br>
-“'''{{nyvmcsaprov|Other CSA}}'''” means, unless otherwise specified in Paragraph {{nyvmcsaprov|13}}, any other credit support annex or credit support deed that is in relation to, or that is a {{isdaprov|Credit Support Document)}} in relation to, this Agreement.<br>
-“'''{{nyvmcsaprov|Other CSA Excluded Credit Support}}'''” means, with respect to an {{nyvmcsaprov|Other CSA}}, any amounts and items posted as margin under such {{nyvmcsaprov|Other CSA}}, which, pursuant to the terms of such {{nyvmcsaprov|Other CSA}}, Party A and Party B have agreed must be segregated in an account maintained by a third-party custodian or for which offsets are prohibited.<br>
-“'''{{nyvmcsaprov|Other Eligible Support (VM)}}'''” means, with respect to a party, the items, if any, specified as such for that party in Paragraph {{nyvmcsaprov|13}}.<br>
-{{ISDA New York Law Credit Support Annex 2016 Other Posted Support (VM)}}
-“'''{{nyvmcsaprov|Pledgor}}'''” means either party, when that party (i) receives a demand for or is required to {{nyvmcsaprov|Transfer}} {{nyvmcsaprov|Eligible Credit Support (VM)}} under Paragraph 3(a) or (ii) has {{nyvmcsaprov|Transfer}}red {{nyvmcsaprov|Eligible Credit Support (VM)}} under Paragraph 3(a).<br>
 {{ISDA New York Law Credit Support Annex 2016 Posted Collateral (VM)}}
 {{ISDA New York Law Credit Support Annex 2016 Posted Credit Support (VM)}}
 “'''{{nyvmcsaprov|Recalculation Date}}'''” means the {{nyvmcsaprov|Valuation Date}} that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent {{nyvmcsaprov|Valuation Date}} occurs under Paragraph 3 prior to the resolution of the dispute, then the “'''{{nyvmcsaprov|Recalculation Date}}'''” means the most recent {{nyvmcsaprov|Valuation Date}} under Paragraph 3.<br>
 “'''{{nyvmcsaprov|Regular Settlement Day}}'''” means, unless otherwise specified in Paragraph {{nyvmcsaprov|13}}, the same {{nyvmcsaprov|Local Business Day}} on which a demand for the {{nyvmcsaprov|Transfer}} of {{nyvmcsaprov|Eligible Credit Support (VM)}} or {{nyvmcsaprov|Posted Credit Support (VM)}} is made.<br>