Credit Support Default. Section 5(a)(iii) will apply to Party A, Section 5(a)(iii)(1) will apply to Party B only if such failure is the failure by Party B to transfer to Party A Equivalent Credit Support specified by Party A in a demand duly made under Paragraph 2(b) of the ISDA Credit Support Annex dated as of the date hereof and Section 5(a)(iii)(2) and (3) will not apply to Party B.
Appears in 8 contracts
Samples: 2002 Master Agreement, Master Agreement (RBC Covered Bond Guarantor Limited Partnership), 2002 Master Agreement (RBC Covered Bond Guarantor Limited Partnership)
