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be made as of approximately the same time on the same date. (iv) "Notification Time" means 1:00 pm, New York time, on a Local Business Day. (d) Conditions Precedent and Secured Party's Rights and Remedies. Each Termination Event specified below with respect to a party will be a "Specified Condition" for that party (the specified
s not involving Tier II, Tier Ill and Tier IV Currencies to (2) the Tier I Net Open Position, which Party B must maintain in respect of outstanding FX Transactions and Currency Option Transactions not involving Tier II, Tier III and Tier IV Currencies, such number being determined and notified by Party A to Party B from time to t
be made as of approximately the same time on the same date. (iv) "Notification Time" means 1:00 pm, New York time, on a Local Business Day. (d) Conditions Precedent and Secured Party's Rights and Remedies. Each Termination Event specified below with respect to a party will be a "Specified Condition" for that party (the specified
s not involving Tier II, Tier III and Tier IV Currencies to (2) the Tier l Net Open Position, which Party B must maintain in respect of outstanding FX Transactions and Currency Option Transactions not involving Tier II, Tier Ill and Tier IV Currencies, such number being determined and notified by Party A to Party B from time to t
be made as of approximately the same time on the same date. (iv) "Notification Time" means 1:00 pm, New York time, on a Local Business Day. (d) Conditions Precedent and Secured Party's Rights and Remedies Each Termination Event specified below with respect to a party will be a "Specified Condition" for that party (the specified p
s not involving Tier II, Tier III and Tier IV Currencies to (2) the Tier I Net Open Position, which Party B must maintain in respect of outstanding FX Transactions and Currency Option Transactions not involving Tier II, Tier III and Tier IV Currencies, such number being determined and notified by Party A to Party B from time to t
be made as of approximately the same time on the same date. (iv) "Notification Time" means 1:00 pm, New York time, on a Local Business Day. (d) Conditions Precedent and Secured Party's Rights and Remedies. Each Termination Event specified below with respect to a party will be a "Specified Condition" for that party (the specified
s not involving Tier II, Tier III and Tier IV Currencies to (2) the Ticr I Net Open Position, which Party B must maintain in respect of outstanding FX Transactions and Currency Option Transactions not involving Tier II, Tier III and Tier IV Currencies, such number being determined and notified by Party A to Party B from time to t
Entities connected to both Conditions Precedent and Secured Party's and FX Transactions and Currency Option
the International Swaps and Derivatives Association, Inc.
ORGANIZATIONthe Local Business Day
ORGANIZATIONFX Transactions
ORGANIZATIONEmerging Markets Traders Association
ORGANIZATIONthe Foreign Exchange Committee
ORGANIZATIONCredit Support Annexes
ORGANIZATIONthe Posted Credit Support
ORGANIZATIONThe "Interest Rate
ORGANIZATIONthe Custodian for Party A
ORGANIZATIONthe Federal Reserve System
ORGANIZATIONIntermediary
ORGANIZATION
the Internal Revenue Service
ORGANIZATIONthe State of New York
LOCATIONDebtor
ORGANIZATIONthe Substitute Credit Support
ORGANIZATIONthe Disputing Party
ORGANIZATIONthe Resolution Time
ORGANIZATIONTransfer of Posted Collateral
ORGANIZATIONTransfer of Eligible Collateral
ORGANIZATIONPosted Collateral is Transferred
ORGANIZATION