ConditionsPrecedent
Type CDM 7.2.0A class to specify the two set of elections that may overwrite the default Condition Precedent provision.
Extends —
Extended by —
Attributes 3
Namespace cdm.legaldocumentation.csa
Attributes
All 3 declared on ConditionsPrecedent. Cardinality in amber is required.
| Name | Type | Card. | Description |
|---|---|---|---|
| conditionsPrecedentElection | ExceptionEnum | 0..1 | The election to specify whether the standard Conditions Precedent apply. |
| customProvision | string | 0..1 | The custom provisions that might be specified by the parties to the agreement for the purpose of overwriting the default Condition Precedent provision specified in the CSA. |
| specifiedConditionOrAccessCondition | SpecifiedConditionOrAccessCondition | 0..1 | Specifies the events elected by the parties that are deemed an Access Condition (for Initial Margin CSA) or a Specified Condition (for Variation Margin and Legacy CSA), which, if triggered, may temporarily or permanently suspend rights to rehypothecate, transfer, or substitute collateral. |
Conditions
Validation rules the model enforces on this type, in Rune. An instance that breaks one of these is invalid CDM, whatever produced it.
CustomProvision Condition
When a Custom Provision is specified then the Conditions Precedent Election should be absent.
if customProvision exists
then conditionsPrecedentElection = ExceptionEnum -> OtherReferenced by
2 types hold a ConditionsPrecedent as an attribute.
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