Common Contracts
1 similar Acknowledgement and Agreement contracts
MasTER NETTING, SETOFF, SECURITY, and collateral AGREEMENTAcknowledgement and Agreement • September 14th, 2020 • New York
WHEREAS, each Party desires to provide in this Master Netting, Setoff, Security, and Collateral Agreement (this “Agreement”) for its right to terminate, liquidate, net, setoff, and apply Collateral upon an Event of Default by, and prior to an Event of Default determine the Collateral Requirements of, the other Party under the Underlying Master Agreements as herein specified, including, without limitation, by permitting it to terminate, liquidate, net, setoff, and apply Collateral across all of the Underlying Master Agreements and to treat this Agreement, the Underlying Master Agreements, and all Transactions (existing and hereinafter entered into) thereunder as a single agreement, whether or not the Obligations arising under the Underlying Master Agreements and Transactions thereunder are in connection with (a) cash settled Transactions or physically settled Transactions or (b) securities contracts, forward contracts, commodities contracts, repurchase agreements, swap agreements, or si
