Common use of Credit Support Default Clause in Contracts

Credit Support Default. Section 5(a)(iii) will apply to Party A and will not apply to Party B.

Appears in 16 contracts

Sources: 2002 Master Agreement, 2002 Master Agreement, 2002 Master Agreement

Credit Support Default. The "Credit Support Default" provision of Section 5(a)(iii) will apply to Party A and will not apply to either Party A or Party B.

Appears in 2 contracts

Sources: Isda Master Agreement (Cit Equipment Collateral 2003-Vt1), Isda Master Agreement (Cit Equipment Collateral 2003-Ef1)