FINXIS.

SecurityProviderRightsEvent

Type CDM 7.2.0

A class to specify the Pledgor/Obligor/Chargor Rights Event election.

Extends —
Extended by —
Attributes 5
Namespace cdm.legaldocumentation.csa

Attributes

All 5 declared on SecurityProviderRightsEvent. Cardinality in amber is required.

NameTypeCard.Description
partyElection SecurityProviderRightsEventElection 0..2 —
includeCoolingOffLanguage boolean 1..1 The Pledgor/Obligor/Chargor Rights Event election includes cooling off language when the attribute is set of True.
fullDischarge boolean 0..1 If specified as applicable here, a Pledgor/Obligor/Chargor Rights Event will not occur unless the Pledgor/Obligor/Chargor (A) has provided a statement to the Secured Party in respect of such Early Termination Date.
automaticSetOff boolean 0..1 The Automatic Set-Off provision applies when the value is set to True.
customElection string 0..1 A custom Pledgor/Obligor/Chargor Rights Event election might be specified by the parties.

Conditions

Validation rules the model enforces on this type, in Rune. An instance that breaks one of these is invalid CDM, whatever produced it.

RightsEvent_includeCoolingOffLanguage Condition
A data rule to enforce that, when the Rights Event election includes cooling off language, no custom election should be specified.
if includeCoolingOffLanguage = True
then customElection is absent
RightsEvent_customElection Condition
A data rule to enforce that, when the Rights Event is specified through a custom election, no standard cooling off language should be specified.
if customElection exists
then includeCoolingOffLanguage = False

Referenced by

1 type holds a SecurityProviderRightsEvent as an attribute.

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Parsed from CDM 7.2.0 · legaldocumentation-csa-type.rosetta cdm.legaldocumentation.csa