Fair application of procedures. Each Bank shall apply the collateral valuation procedures consistently and fairly to all borrowing members, and the valuation ascribed to any item of collateral by the Bank shall be conclusive as between the Bank and the member.
Appears in 3 contracts
Samples: Forward Contract, Forward Contract, Forward Contract
Fair application of procedures. Each Bank shall apply the collateral valuation valu- ation procedures consistently and fairly fair- ly to all borrowing members, and the valuation ascribed to any item of collateral col- lateral by the Bank shall be conclusive as between the Bank and the member.
Appears in 1 contract
Samples: Collateral Agreement
