Examples of Repo Agreement in a sentence
Collateral, including that obtained under a Repo Agreement or stock lending arrangement and save as may be otherwise set out in the Supplement for the relevant Sub-Fund shall be cash, high quality government bonds and equities to the extent deemed necessary by the Investment Manager provided however that such collateral must comply with the requirement of the Central Bank.
The counterparty to a Repo Agreement or stock lending arrangement must have a minimum credit rating of A-2 or equivalent, or must be deemed by the relevant Sub-Fund to have an implied rating of A-2 or equivalent.
Therefore, the Swap Counterparty and the Repo Counterparty may not be Credit Suisse International during the term of the Notes and it is not possible to know as at the Issue Date, the identity of any replacement Swap Counterparty or replacement Repo Counterparty that may enter into a replacement Swap Agreement and replacement Repo Agreement in connection with the Notes in the circumstances referred to above.
In addition or in the alternative to its acquisition of rights, title and/or interests in and to the Collateral, the Issuer may enter into a Swap Agreement and/or a Repo Agreement and/or a Securities Lending Agreement and/or an Other Counterparty Agreement with respect to the Instruments as specified in the Series Terms relating to the Instruments.
Margin Maintenance under the Repo Agreement Under the Repo Agreement, the Repo Counterparty will determine any net exposure (the “Net Exposure”) of the Issuer or the Repo Counterparty on a weekly basis.