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Cash Collateral Agreement
I need a Cash Collateral Agreement for a bilateral arrangement between our investment firm and a major bank, where we'll be providing €10 million in cash security for a trading facility starting March 2025, with monthly interest payments and quarterly valuation dates.
1. Parties: Identification of all parties to the agreement including full legal names and addresses
2. Background/Recitals: Context of the agreement and relationship between parties
3. Definitions and Interpretation: Key terms used throughout the agreement and interpretation rules
4. Provision of Collateral: Terms governing the delivery and maintenance of cash collateral
5. Security Interest: Creation and perfection of security interest over the cash collateral
6. Collateral Maintenance: Requirements for maintaining collateral levels, top-up provisions
7. Use and Control of Collateral: Rights and restrictions regarding use of the collateral
8. Events of Default: Circumstances constituting default and consequences
9. Enforcement: Rights and procedures for enforcing security interest
10. Governing Law and Jurisdiction: Specification of applicable law and courts
1. Interest Provisions: Terms for interest on cash collateral - use when parties agree that interest will be paid on the collateral
2. Tax Provisions: Treatment of taxes on collateral and interest - use when tax implications need to be specifically addressed
3. Currency Provisions: Rules for handling multiple currencies - use when collateral may be provided in different currencies
4. Regulatory Compliance: Specific regulatory requirements - use when parties are regulated entities
1. Collateral Account Details: Specification of account(s) where collateral will be held
2. Calculation of Collateral Requirements: Methodology for calculating required collateral amounts
3. Form of Notices: Standard forms for various notices under the agreement
4. Authorized Persons: List of persons authorized to act under the agreement
5. Security Documents: Additional security documentation if required
Authors
Affiliate
Agreement
Authorized Person
Business Day
Cash Collateral
Cash Collateral Account
Collateral Provider
Collateral Taker
Collateral Value
Default Interest
Default Notice
Delegate
Enforcement Event
Event of Default
Financial Collateral
Interest Period
Interest Rate
Law
Minimum Transfer Amount
Notice
Obligations
Party/Parties
Permitted Investments
Posted Collateral
Proceedings
Reference Banks
Required Amount
Security Interest
Security Period
Secured Obligations
Tax
Third Party Rights
Transfer
Valuation Date
Valuation Time
VAT
Representation and Warranties
Security Interest Creation
Perfection of Security
Collateral Maintenance
Top-Up Requirements
Interest Provisions
Currency Provisions
Payment and Transfer
Tax
Set-off
Events of Default
Enforcement Rights
Remedies
Further Assurance
Power of Attorney
Indemnities
Costs and Expenses
Assignment and Transfer
Confidentiality
Notices
Amendments
Severability
Counterparts
Third Party Rights
Governing Law
Jurisdiction
Service of Process
Waiver of Immunity
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