4
Shared Docs
4
Same-Page
4 / 4
Mentions
is no Defaulting Party, equally by the parties. Paragraph 11. Miscellaneous (a) Default Interest A Secured Party that fails to make, when due, any Transfer of Posted Collateral or the Interest Amount will be obligated to pay the Pledger (to the extent permitted under applicable law) an amount equal to interest at the Defau
nt to the terms of this Annex. For purposes of determining whether such an Additional Termination Event has occurred, at the discretion of Party A, Exposure and Net Collateral Value may be calculated at any time on any calendar day and, if such day is not a Valuation Date, the Value of Posted Credit Support may at the discretio
is no Defaulting Party, equally by the parties. Paragraph 11. Miscellanies' (a) Default Interest A Secured Party that fails to make, when due, any Transfer of Posted Collateral or the Interest Amount will be obligated to pay the Pledgor (to the extent permitted under applicable law) an amount equal to interest at the Defau
nt to the terms of this Annex. For purposes of determining whether such an Additional Termination Event has occurred, at the discretion of Party A, Exposure and Net Collateral Value may be calculated at any time on any calendar day and, if such day is not a Valuation Date, the Value of Posted Credit Support may at the discretio
is no Defaulting Party, equally by the patties. Paragraph 11. MIseellaneoes (a) Defardt Interest A Secured Party that fails to make, when due, any Transfer of Posted Collateral or the Interest Amount will be obligated to pay the Pledgor (to the extent permitted under applicable law) an amount equal to interest at the Defau
nt to the terms of this Annex. For purposes of determining whether such an Additional Termination Event has occurred, at the discretion of Party A, Exposure and Net Collateral Value may be calculated at any time on any calendar day and, if such day is not a Valuation Date, the Value of Posted Credit Support may at the discretio
e is no Defaulting Party, equally by the parties. Paragraph 11. Miscellaneous (a) Dalai& Lateral A Secured Party that fails to make, when due, any Transfer of Posted Collateral or the Interest Amount will be obligated to pay the Pledger (to the extent permitted under applicable law) an amount equal to interest at the Defau
nt to the terms of this Annex. For purposes of determining whether such an Additional Termination Event has occurred, at the discretion of Party A, Exposure and Net Collateral Value may be calculated at any time on any calendar day and, if such day is not a Valuation Date, the Value of Posted Credit Support may at the discretio
Entities connected to both Transfer of Posted Collateral and Exposure and Net Collateral Value
Posted Collateral or Interest Amount
ORGANIZATIONthe Tier Ill Net Open Position
ORGANIZATIONthe Federal Reserve System
ORGANIZATIONIntermediary
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONthe State of New York
LOCATIONDebtor
ORGANIZATIONthe International Swaps and Derivatives Association, Inc.
ORGANIZATIONthe Substitute Credit Support
ORGANIZATIONthe Disputing Party
ORGANIZATIONthe Resolution Time
ORGANIZATIONTransfer of Eligible Collateral
ORGANIZATIONPosted Collateral is Transferred
ORGANIZATIONInterest Period
ORGANIZATIONThe "Interest Rate
ORGANIZATIONthe Local Business Day
ORGANIZATIONOther Eligible Support or Other Posted Support
ORGANIZATIONIndependent Amount or
ORGANIZATIONForeign Exchange Transactions
ORGANIZATIONConditions Precedent and Secured Party's
ORGANIZATION