Examples of CSA Posted Collateral in a sentence
For the avoidance of doubt Original Collateral shall not include any CSA Posted Collateral or any other securities, cash or other assets or property transferred or delivered to the Issuer pursuant to the Credit Support Annex, or deriving therefrom.
For the avoidance of doubt Original Collateral shall not include any CSA Posted Collateral or any other securities, cash or other assets or property transferred or delivered to the Issuer pursuant to the Credit Support Annex.
Any amounts payable on the Notes will be made in cash and the holders of the Notes will have no right to receive delivery of any securities comprising the CSA Posted Collateral.
Such termination would result in an early redemption of the relevant Series of Notes.If the Credit Support Annex specifies that credit support is to be provided by the Swap Counterparty to the Issuer, the Swap Counterparty may have to post CSA Posted Collateral (as defined in the Conditions) to the Issuer from time to time if the value of the Swap Transaction to the Issuer is positive.
The Swap Counterparty may also, if required in accordance with the terms of the Credit Support Annex, transfer to the Issuer from time to time CSA Posted Collateral.
CSA Posted Collateral transferred to the Issuer under the Credit Support Annex may be subject to volatility in their prices and subject to credit and liquidity risks.
Any amounts payable on the Notes will be made in cash and the holders of the Notes will have no right to receive delivery of any securities comprising the Swap Counterparty CSA Posted Collateral.
Investing in the Notes will not make an investor the owner of any cash or securities comprising the Swap Counterparty CSA Posted Collateral.
Dividend or interest will only be paid to those in membership at the time the dividend is declared or when interest is due to be paid.
The Issuer is exposed to movements in the value of the Swap Agreement, the Issuer CSA Posted Collateral or the Swap Counterparty CSA Posted Collateral (as the case may be), and to the creditworthiness of the Swap Counterparty and any obligor of Swap Counterparty CSA Posted Collateral.