MSFTA definition
Examples of MSFTA in a sentence
The Sub-Adviser is authorized to act as agent for the Funds pursuant to any collateral control agreement the Adviser has established on behalf of the Funds in connection with an ISDA Master Agreement or MSFTA Master Agreement.
Any capitalized term not defined herein or in the Sub-Advisory Agreement shall have the meaning ascribed to it in the ISDA Master Agreement and/or the MSFTA Master Agreement, as applicable.
The Sub-Adviser shall have the authority to set up and open futures accounts the ISDAs, MSFTA, MRA, GMRA and other accounts or arrangements with respect to derivatives, short sales or other special investments, subject to the review and approval of the Adviser.
To the extent permitted by the written investment policies of a Fund, as reflected in such Fund’s Prospectus and SAI, the Subadviser is authorized, on behalf of the Fund, to enter into derivatives agreements (e.g., futures account agreements, MSFTA master agreements, ISDA master agreements and related documents) and to open accounts and take other necessary or appropriate actions related thereto, in accordance with Trust Procedures (as defined in Section 2(a)(3) below).
For parties using a 1996 MSFTA, modify as necessary (e.g., by replacing “Market Value” in paragraphs 2(a) and (d) with “Margin Value” and adding a definition of “Margin Value” similar to that used in Paragraph 2(p) of the 2012 MSFTA).
The FRBNY has requested that the brokers and dealers in Exhibit C complete an acknowledgment of Manager’s authority to execute trades under the FRBNY MSFTA.
The Manager’s transactions with such brokers or dealers will be undertaken pursuant to the terms set forth in the MSFTA.
Notwithstanding anything to the contrary in the Administration Agreement or any other Warehouse Facility Agreement, any action or inaction by the Barclays MSFTA Counterparty under the Barclays MSFTA, including any exercise of its rights, remedies, powers and privileges under the Barclays MSFTA, shall be at the sole discretion of the Barclays MSFTA Counterparty and shall not require any consent or ratification of any other Secured Party.
This involves performing collateral / margin calls with external and internal counterparties, counterparty management for Master Agreements for ISDA (derivatives), MSFTA (TBA), Repo, and Futures Clearing (futures/options), new product and process management:, data integrity management.
Each Buyer and MSFTA Counterparty has designated the Administrative Agent for the purpose of performing any action hereunder (other than, for the sake of clarity, Article 8 hereof).