Common Contracts
1 similar Credit and Other Special Provisions contracts
ANNEX BCredit and Other Special Provisions • November 18th, 2020
This Annex B supplements, forms part of, and is incorporated into the Confirmation to which this Annex B is attached. Until a Master Agreement is executed by the parties, this Annex B will set forth the credit and other special provisions governing all Transactions between the parties except as otherwise specified in a Confirmation to a Transaction; provided upon execution of a Master Agreement by the parties (i) all Additional Amounts shall automatically become Independent Amounts under, and as defined in, the Master Agreement, and (ii) all Performance Assurance held by a party pursuant to the terms hereof shall automatically become Posted Credit Support under, and as defined in, the Master Agreement.
