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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
the quotient of (I) the portion of Net Collateral Value attributable to all FX Transactions and Currency Option Transactions not involving Tier II, Tier Ill and Tier IV Currencies, divided by (II) Tier I Net Open Position is equal to or less than Tier I Close-Out Ratio; (B) the quotient of (I) the por
quotient of (A) the portion of the Net Collateral Value attributable to all FX Transactions and Currency Option Transactions not involving Tier It, Tier Ill and Tier IV Currencies, divided by (B) the Tier I Net Open Position, such number being determined and notified by Party A to Party 13 from time to
2 mentions1 same-page
Page ?Same page
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
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 time, and initially being seven percent (7%).
2 mentions1 same-page
Page ?Same page
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
the quotient of (I) the portion of Net Collateral Value attributable to all FX Transactions and Currency Option Transactions not involving Tier II, Tier Ill and Tier IV Currencies, divided by (II) Tier I Net Open Position is equal to or less than Tier 1 Close-Out Ratio; (B) the quotient of (I) the por
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Mutual Connections (53)
Entities connected to both Conditions Precedent and Secured Party's and Tier Ill
the Local Business Day
ORGANIZATION10 w/ Conditions·3 w/ Tier
the International Swaps and Derivatives Association, Inc.
ORGANIZATION4 w/ Conditions·5 w/ Tier
FX Transactions
ORGANIZATION4 w/ Conditions·5 w/ Tier
FX Transactions and Currency Option
ORGANIZATION4 w/ Conditions·5 w/ Tier
Emerging Markets Traders Association
ORGANIZATION4 w/ Conditions·5 w/ Tier
the Foreign Exchange Committee
ORGANIZATION4 w/ Conditions·5 w/ Tier
Credit Support Annexes
ORGANIZATION4 w/ Conditions·5 w/ Tier
The "Interest Rate
ORGANIZATION5 w/ Conditions·3 w/ Tier
the Custodian for Party A
ORGANIZATION5 w/ Conditions·3 w/ Tier
the Federal Reserve System
ORGANIZATION4 w/ Conditions·3 w/ Tier
Intermediary
ORGANIZATION4 w/ Conditions·3 w/ Tier
the Internal Revenue Service
ORGANIZATION4 w/ Conditions·3 w/ Tier
the State of New York
LOCATION4 w/ Conditions·3 w/ Tier
Debtor
ORGANIZATION4 w/ Conditions·3 w/ Tier
the Substitute Credit Support
ORGANIZATION4 w/ Conditions·3 w/ Tier
the Disputing Party
ORGANIZATION4 w/ Conditions·3 w/ Tier
the Resolution Time
ORGANIZATION4 w/ Conditions·3 w/ Tier
Transfer of Posted Collateral
ORGANIZATION4 w/ Conditions·3 w/ Tier
Transfer of Eligible Collateral
ORGANIZATION4 w/ Conditions·3 w/ Tier
Posted Collateral is Transferred
ORGANIZATION4 w/ Conditions·3 w/ Tier