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Template:Nutshell 2018 CSD 4(a): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{imcsdprov|4(a)}} '''{{imcsdprov|Conditions Precedent}}'''. The {{imcsdprov|Chargor}}’s obligations to transfer under Paragraphs {{imcsdprov|3}} and {{imcsdprov|5}} and the...") |
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{{imcsdprov|4(a)}} '''{{imcsdprov|Conditions Precedent}}'''. The {{imcsdprov|Chargor}}’s obligations to transfer under Paragraphs {{imcsdprov|3}} and {{imcsdprov|5}} and the {{imcsdprov|Secured Party}}’s obligations to instruct | {{imcsdprov|4(a)}} '''{{imcsdprov|Conditions Precedent}}'''. The {{imcsdprov|Chargor}}’s obligations to transfer under Paragraphs {{imcsdprov|3}} and {{imcsdprov|5}} and the {{imcsdprov|Secured Party}}’s obligations to instruct transfers under Paragraphs {{imcsdprov|3}}, {{imcsdprov|4(e)(iii)}}, {{imcsdprov|5}} and the provisions requiring the return of zero-{{imcsdprov|Value}}d {{imcsdprov|Posted Credit Support (IM)}} are subject to the [[conditions precedent]] that: | ||
:(i) There is no live {{isdaprov|Event of Default}}, {{isdaprov|Potential Event of Default}} or {{isdaprov|Specified Condition}} for the other party; and <br> | :(i) There is no live {{isdaprov|Event of Default}}, {{isdaprov|Potential Event of Default}} or {{isdaprov|Specified Condition}} for the other party; and <br> | ||
:(ii) No {{isdaprov|Early Termination Date}} has been designated for all {{imcsdprov|Covered Transactions (IM)}} which has not been fully satisfied. <br> | :(ii) No {{isdaprov|Early Termination Date}} has been designated for all {{imcsdprov|Covered Transactions (IM)}} which has not been fully satisfied. <br> | ||