Protocol Adherence
Protocol: ISDA 2013 EMIR NFC Representation Protocol
Adhering Organization: Blount County Public Building Authority
Adherence Letter
Print Adherence Letter will trigger a new window or tab to open.Date: December 11, 2013
Dear Sirs,
ISDA 2013 EMIR NFC Representation Protocol - Adherence
The purpose of this letter is to confirm our adherence to the ISDA 2013 EMIR NFC Representation Protocol as published by the International Swaps and Derivatives Association, Inc. on March 8, 2013 (the “Protocol”). This letter constitutes, as between each other Adhering Party and us, an Adherence Letter as referred to in the Protocol. The definitions and provisions contained in the Protocol are incorporated into this Adherence Letter, which will supplement and form part of each Covered Master Agreement between us and each other Adhering Party.
1. Specified Terms
As between each other Adhering Party and us, the amendments in the Attachment to the Protocol shall apply to each Covered Master Agreement to which we are a party in accordance with the terms of the Protocol and this Adherence Letter.
We confirm that we adhere to the Protocol as a party making the NFC Representation
We confirm that we adhere to the Protocol as a party which is a NFC+ Party making the NFC Representation
We confirm that we adhere to the Protocol as a party that does not make the NFC Representation
2. Appointment as Agent and Release
We hereby appoint ISDA as our agent for the limited purposes of the Protocol and accordingly we waive any rights and hereby release ISDA from any claims, actions or causes of action whatsoever (whether in contract, tort or otherwise) arising out of or in any way relating to this Adherence Letter or our adherence to the Protocol or any actions contemplated as being required by ISDA.
3. Change of status notice
For the purposes of sub-paragraph (ii) of the NFC Status provisions contained in the Schedule to the Covered Master Agreement, the address to which a Representing Party or a Non-representing Party should deliver to us any Clearing Status Notice, Non-Clearing Status Notice, NFC+ Representation Notice, NFC Representation Notice or Non-representation Notice is as follows, but you understand and agree that non-provision of any such details pursuant to this Adherence Letter will not affect the legal validity and binding nature of the Protocol with respect to us:
For the purposes of sub-paragraph (ii) of the NFC Status provisions contained in the Schedule to the Covered Master Agreement, we agree that Counterparty Manager is applicable.
4. DTCC Number
For purposes of electronic matching and counterparty recognition, our DTCC Account Number is as follows, but you understand and agree that our non-provision of any such details pursuant to this Adherence Letter will not affect the legal validity and binding nature of the Protocol with respect to us:
DTCC Account Number:
5. Codes
For purposes of electronic matching and counterparty recognition, our code(s) are as follows, but you understand and agree that our non-provision of any such details pursuant to this Adherence Letter will not affect the legal validity and binding nature of the Protocol with respect to us:
LEI (Legal Entity Identifier):
CICI: 549300RHIJ2ZP4C8W404
Other:
6. Payment
Each Adhering Party must submit a one-time fee of U.S. $500 to ISDA at or before the submission of this Adherence Letter.
7. Contact Details
Our contact details for purposes of this Adherence Letter are:
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We consent to the publication of a conformed copy of this letter by ISDA and to the disclosure by ISDA of the contents of this letter.
BY:
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