Common use of Eligibility to Hold Posted Collateral; Custodians Clause in Contracts

Eligibility to Hold Posted Collateral; Custodians. Counterparty and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied: (1) Counterparty is not a Defaulting Party and (2) Posted Collateral may be held only in the following jurisdictions: New York State. Initially, the Custodian for Counterparty is: None

Appears in 33 contracts

Samples: Master Agreement (Jpmac 2006-Wmc2), Isda Master Agreement (Nissan Auto Receivables Corp Ii), Master Agreement (Jpmac 2006-Acc1)

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Eligibility to Hold Posted Collateral; Custodians. Counterparty and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied: (1) Counterparty is not a Defaulting Party and (2) Posted Collateral may be held only in the following jurisdictions: New York State. Initially, the Custodian for Counterparty is: NoneChase Manhattan Bank USA, National Association.

Appears in 6 contracts

Samples: Isda Master Agreement (World Financial Network Credit Card Master Trust), Isda Master Agreement (World Financial Network Credit Card Master Trust), Master Agreement (World Financial Network Credit Card Master Trust)

Eligibility to Hold Posted Collateral; Custodians. Counterparty and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied: (1) Counterparty is not a Defaulting Party and (2) Posted Collateral may be held only in the following jurisdictions: New York StateState or such other state in the United States in which the Counterparty is located. Initially, the Custodian for Counterparty is: None

Appears in 3 contracts

Samples: Master Agreement (J P Morgan Acceptance Corp I), Master Agreement (J.P. Morgan Alternative Loan Trust 2006-A6), Master Agreement (J P Morgan Acceptance Corp I)

Eligibility to Hold Posted Collateral; Custodians. Counterparty and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied: (1) Counterparty is not a Defaulting Party and (2) Posted Collateral may be held only in the following jurisdictions: New York State. Initially, the Custodian for Counterparty is: None.

Appears in 2 contracts

Samples: Isda Master Agreement (J.P. Morgan Chase Commercial Mortgage Securities Trust 2008-C2), Isda Schedule (J.P. Morgan Chase Commercial Mortgage Securities Trust 2007-Ldp11)

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Eligibility to Hold Posted Collateral; Custodians. Counterparty and its Custodian will be entitled to hold Posted Collateral pursuant to Paragraph 6(b); provided that the following conditions applicable to it are satisfied: (1) Counterparty is not a Defaulting Party andand there is no Specified Condition that has occurred or is continuing with respect to Counterparty. (2) Posted Collateral may be held only in the following jurisdictions: New York StateUnited States. Initially, the Custodian for Counterparty is: Noneis Xxxx.

Appears in 1 contract

Samples: Credit Support Annex (Chesapeake Energy Corp)

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