📄 Extracted Text (998 words)
(Multicurrency — Cross Border)
ISDA®
International Swap Dealers Association, Inc.
MASTER AGREEMENT
dated as of May 19, 2005
Credit SIAIPAO.Firmogozn.(R.kurope).Limitol and Financial Trust Company,.
Inc.
have entered and/or anticipate entering into one or more transactions (each
a "Transaction") that are or will
be governed by this Master Agreement, which includes the schedule (the
"Schedule"), and the documents
and other confirming evidence (each a "Confirmation") exchanged between the
parties confirming those
Transactions.
Accordingly, the parties agree as follows:
1. Interpretation
(a) Definitions. The terms defined in Section 14 and in the Schedule will
have the meanings therein
specified for the purpose of this Master Agreement.
(b) Inconsistency. In the event of any inconsistency between the provisions
of the Schedule and the
other provisions of this Master Agreement, the Schedule will prevail. In the
event of any inconsistency
between the provisions of any Confirmation and this Master Agreement
(including the Schedule), such
Confirmation will prevail for the purpose of the relevant Transaction.
(c) Single Agreement. All Transactions are entered into in reliance on the
fact that this Master
Agreement and all Confirmations form a single agreement between the parties
(collectively referred to as
this "Agreement"), and the parties would not otherwise enter into any
Transactions.
2. Obligations
(a) General Conditions.
(i) Each party will make each payment or delivery specified in each
Confirmation to be made by
it, subject to the other provisions of this Agreement.
(ii) Payments under this Agreement will be made on the due date for value on
that date in the place
of the account specified in the relevant Confirmation or otherwise pursuant
to this Agreement, in
freely transferable funds and in the manner customary for payments in the
required currency. Where
settlement is by delivery (that is, other than by payment), such delivery
will be made for receipt on
the due date in the manner customary for the relevant obligation unless
otherwise specified in the
relevant Confirmation or elsewhere in this Agreement.
(iii) Each obligation of each party under Section 2(a)(i) is subject to (1)
the condition precedent
that no Event of Default or Potential Event of Default with respect to the
EFTA01592151
other party has occurred
and is continuing, (2) the condition precedent that no Early Termination
Date in respect of the
relevant Transaction has occurred or been effectively designated and (3)
each other applicable
condition precedent specified in this Agreement.
Copyright 0 1992 by International Swap Dealers Association, Inc.
value of that which was (or would have been) required to be delivered as of
the originally scheduled date
for delivery, in each case together with (to the extent permitted under
applicable law) interest, in the currency
of such amounts, from (and including) the date such amounts or obligations
were or would have been required
to have been paid or performed to (but excluding) such Early Termination
Date, at the Applicable Rate. Such
amounts of interest will be calculated on the basis of daily compounding and
the actual number of days
elapsed. The fair market value of any obligation referred to in clause (b)
above shall be reasonably
determined by the party obliged to make the determination under Section 6(e)
or, if each party is so obliged,
it shall be the average of the Termination Currency Equivalents of the fair
market values reasonably
determined by both parties.
IN WITNESS WHEREOF the parties have executed this document on the respective
dates specified below
with effect from the date specified on the first page of this document.
CredilliAine.FirellkketRP WurePA Limited Financial Trust Qcmpany, In—
(Name of Party) (Name of Party)
By.
. . By:
Name: Name:
Title: Title: Mr -e-,
Date: Date: 612 close'
By:
Name:
Title:
Date:
18 ISDA® 1992
(Bilateral Form) (ISDA Agreements Subject to New York Law Only)
ISDA®
International Swaps and Derivatives Association, Inc.
CREDIT SUPPORT ANNEX
to the Schedule to the
1992 ISDA Master Agreement
dated as of -May 19, 2006
between
Credit- Suisse. First Boston (Europe). Limitednd Financial Trust.
Cornoanvitno,
("Party A") ("Party B")
EFTA01592152
This Annex supplements, forms part of, and is subject to, the above -
referenced Agreement, is part of its Schedule
and is a Credit Support Document under this Agreement with respect to each
party.
Accordingly, the parties agree as follows:—Paragraph
1. Interpretation
(a) Definitions and Inconsistency. Capitalized terms not otherwise defined
herein or elsewhere in this
Agreement have the meanings specified pursuant to Paragraph 12, and all
references in this Annex to Paragraphs
are to Paragraphs of this Annex. In the event of any inconsistency between
this Annex and the other provisions
of this Schedule, this Annex will prevail, and in the event of any
inconsistency between Paragraph 13 and the
other provisions of this Annex, Paragraph 13 will prevail.
(b) Secured Party and Pledgor. All references in this Annex to the "Secured
Party" will be to either party
when acting in that capacity and all corresponding references to the
"Pledge' will be to the other party when
acting in that capacity; provided, however, that if Other Posted Support is
held by a party to this Annex, all
references herein to that party as the Secured Party with respect to that
Other Posted Support will be to that party
as the beneficiary thereof and will not subject that support or that party
as the beneficiary thereof to provisions
of law generally relating to security interests and secured parties.
Paragraph 2. Security Interest
Each party, as the Pledgor, hereby pledges to the other party, as the
Secured Party, as security for its Obligations,
and grants to the Secured Party a first priority continuing security
interest in, lien on and right of Set-off against
all Posted Collateral Transferred to or received by the Secured Party
hereunder. Upon the Transfer by the Secured
Party to the Pledgor of Posted Collateral, the security interest and lien
granted hereunder on that Posted Collateral
will be released immediately and, to the extent possible, without any
further action by either party.
Copyright 0 1994 by International Swaps and Derivatives Association, Inc.
EFTA01592153
ℹ️ Document Details
SHA-256
c644780c79a1c9f611c77cc3b9f329dc16143471d8a65bcf6d6a8b0e839f02f1
Bates Number
EFTA01592151
Dataset
DataSet-10
Document Type
document
Pages
3
Comments 0