Credit Support Annex. The Parties agree to provide each other with Eligible Credit Support according to the following provisions. This shall serve to collateralize outstanding obligations between the Parties from time to time pursuant to the Agreement.
Credit Support Annex. All references to “Paragraph” under this section 8 shall be references to the Credit Support Annex. The following provisions modify and supplement the Credit Support Annex:
Credit Support Annex. The credit support annex to the Swap Agreement and the Interest Rate Cap Agreement dated as of November 30, 2006, between the Trustee, on behalf of the Supplemental Interest Trust, and the Swap Counterparty and Cap Counterparty.
Credit Support Annex. The provisions of this Credit Support Annex shall apply to the extent the Parties have elected on the Schedule to make them applicable. Upon the occurrence of any Event of Default under this Credit Support Annex, such event shall constitute an Event of Default pursuant to Article 5 of the Master Agreement.
Credit Support Annex. The Collateral Threshold shall be a negotiated amount based on Debtor’s S&P and/or Xxxxx’x rating, or other financial criteria. The Collateral Threshold shall be considered when establishing the total Credit Limit and shall be evaluated in the aggregate with physical transactions.
Credit Support Annex. Elections and Variables dated as of January 4, 2008 between XXXXXX BROTHERS SPECIAL FINANCING INC. (hereinafter referred to as “Party A” or “Pledgor”) and XXXXX FARGO BANK, N.A., NOT IN ITS INDIVIDUAL CAPACITY BUT SOLELY AS TRUSTEE OF THE SUPPLEMENTAL INTEREST TRUST, FORBNC MORTGAGE LOAN TRUST MORTGAGE PASS-THROUGH CERTIFICATES, SERIES 2007-4 (hereinafter referred to as “Party B” or “Secured Party”)
Credit Support Annex. Cross Default for Party A: Applicable Inapplicable If applicable, complete the following: Party A: Cross Default Amount: ___________ If applicable, complete the following: Other Person: Name of other Person: Enron Corp. Cross Default Amount: U.S. $100,000,000 Cross Default for Party B: Applicable Inapplicable If applicable, complete the following: Party B: Cross Default Amount: AUD 500,000 If applicable, complete the following: Other Person: Name of other Person: Cross Default Amount: __________ Party A Collateral Threshold: Applicable Inapplicable If applicable, complete the following: Party A Collateral Threshold: AUD 10,000,000 Party A Rounding Amount: AUD 250,000 Party B Collateral Threshold: Applicable Inapplicable If applicable, complete the following: Party B Collateral Threshold: AUD 1,000,000 Party B Rounding Amount: AUD 250,000 Party A Guarantor: Applicable Inapplicable Party A: If applicable, Party A’s Guarantor: Enron Corp. If applicable, minimum guaranty amount: AUD 10,000,000 Party B Guarantor: Applicable Inapplicable Party B: If applicable, Party B’s Guarantor: ___________________________ If applicable, minimum guaranty amount: ___________________________ Party A
Credit Support Annex. The Securities Administrator is hereby directed to perform the obligations of the Custodian as defined under the Credit Support Annex (the “Derivative Custodian”). The Derivative Custodian shall have a long-term unsecured and unsubordinated debt rating of at least A+ by S&P and at least A1 by Xxxxx’x. On or before the Closing Date, the Derivative Custodian shall establish a Derivative Collateral Account. The Derivative Collateral Account shall be an Eligible Account. The Derivative Custodian shall credit to the Derivative Collateral Account all collateral (whether in the form of cash or securities) posted by the related Derivative Provider to secure the obligations of the related Derivative Provider in accordance with the terms of the related Derivative Contract. Except for investment earnings, the related Derivative Provider shall not have any legal, equitable or beneficial interest in the Derivative Collateral Account other than in accordance with this Agreement and the related Derivative Contract, as applicable, and applicable law. The Derivative Custodian shall maintain and apply all collateral and earnings thereon on deposit in the Derivative Collateral Account in accordance with the Credit Support Annex. Cash collateral posted by the related Derivative Provider in accordance with the Credit Support Annex shall be invested, at the direction of the related Derivative Provider in Permitted Investments that mature no later than the Business Day prior to the next succeeding Distribution Date. All amounts earned on amounts on deposit in the Derivative Collateral Account (whether cash collateral or securities) shall be taxable to the related Derivative Provider. Cash collateral on deposit in the Derivative Collateral Account shall be invested in Permitted Investments as directed, in writing, by the related Derivative Provider. In the absence of written direction, cash collateral shall remain uninvested. Upon receipt of a notification of the occurrence of an Event of Default or a Specified Condition (each as defined in the related Derivative Contract), the Derivative Custodian shall withdraw all amounts in the Derivative Collateral Account and apply them to the payment of any termination payment due to Party B (as defined in the related Derivative Contract) in accordance with the Credit Support Annex. Any excess amounts held in such Derivative Collateral Account after payment of all amounts owing to Party B under the related Derivative Contract shall be with...
Credit Support Annex. (a) For purposes of Paragraph 13 of the Credit Support Annex to the Master Agreement, the “Independent Amount” for this Transaction shall equal the Equity Notional Amount.
Credit Support Annex. The parties to the relevant Client Clearing Agreement agree that, by operation of the relevant Client Clearing Agreement and with effect from the date thereof, they have entered into a Credit Support Annex (ISDA Agreements Subject to English law) with a paragraph 11 in the form set out in Appendix 1 to these Client Clearing Standard Terms with respect to the Clearing ISDA Master Agreement (“English Law CSA”).
