EFTA01581737
EFTA01581738 DataSet-10
EFTA01581739

EFTA01581738.pdf

DataSet-10 1 page 471 words document
P17 V11 V16 V15 D6
Open PDF directly ↗ View extracted text
👁 1 💬 0
📄 Extracted Text (471 words)
Execution copy Addendum to Schedule to ISDA 1992 Master Agreement Part 6 Physical Delivery of Shares or Bonds Notwithstanding anything to the contrary in this Agreement, the following provisions wit apply for the purposes of any Transaction, which contemplates by its terms the physical delivery of shares, participation certificates, or other equity securities (Shares,) or the physical delivery of any bonds or other debt securities ('Bonds'): (i) Payment and Delivery Section 2 of this Agreement is hereby amended as follows: (a) Section 2(b) is amended by the substitution of 'ten Local Business Days" for 'live Local Business Days'; (b) The following provision shall be included as Section 2(t): '(f) Dividends, Coupons end Expenses on Delivery: Al dividends on the Shares or coupons on the 60114.5 to be delivered shall be payable to and all costs and expenses incurred in connection with the delivery of Shares or Bonds (including, without prejudice to Section 2(d), any Tax or Stamp Tax and any interest or penalties payable in connection therewith) shat be payable by the party who would customarily receive such dividend or coupon or bear such costs or expenses under a contract for the purchase of the Shares or Bonds, as appropriate, by the deliveree through the clearance system specified in the relevant Confirmation." (ii) Default Interest If, prior to the occurrence or effective designation of an Early Termination Date in respect of this Transaction, a party defaults in the performance of any obligation required to be settled by delivery, it wit indemnify the other party on demand, in accordance with the practice of the principal market for the Shares or the Bonds, for any costs, losses or expenses (including the costs of borrowing such Shares or Bonds, if applicable) from such default. A certificate signed by the deliveree setting out such costs, losses or expenses in reasonable detail shall be conclusive evidence that they have been incurred. (ii) Representations In addition to the representations made pursuant to Section 3 of this Agreement, each party represents to the other party that at the time of delivery of any Shares or any Bonds to the other party pursuant to this Agreement it possesses full legal and beneficial title thereto and it is delivering the same free and clear of any lien, claim, encumbrance or security interest of any kind whatsoever created by the deliverer. (iv) Amendments to Section 14 of the Agreement The definition of `Tax' in Section 14 of the Agreement is amended by the addition of 'or delivery' after "of any payment'. (v) Agreements Section 4(e) is amended by adding the words 'Subject to Section 2(0, where in respect of a Transaction, performance under this Agreement consists in a delivery of Shares or Bonds, and, before 'subject to SCOIJII 11 in line 1. 28 Confidential Treatment Requested by JPMorgan Chase JPM-SDNY-00061148 EFTA01581738
ℹ️ Document Details
SHA-256
b9da32c1c261084a343dc6a2359956d6497e55e3b7a7cb8203b167192b20bf84
Bates Number
EFTA01581738
Dataset
DataSet-10
Document Type
document
Pages
1

Comments 0

Loading comments…
Link copied!