Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association

• Category: Corporations - Public
• State: Multi-State
• Control #: US-EG-9083
• Format: Word; Rich Text

Description

Master Agreement between Credit Suisse Financial Products and Bank One National Association dated December 3, 1999. 33 pages The Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association is a legally binding contract that outlines the terms and conditions governing their financial relationship. This agreement serves as a framework for various transactions and sets forth the rights and responsibilities of both parties. The Washington Master Agreement is specifically designed to facilitate transactions such as derivatives, swaps, options, and other financial instruments. It ensures that both Credit Suisse Financial Products and Bank One National Association are operating within a secure and mutually beneficial environment. This agreement consists of several key sections that cover various aspects of the parties' relationship. These sections include: 1. Definitions: This section establishes the meanings of key terms used throughout the agreement, ensuring clarity and consistency in its interpretation. 2. Transaction Confirmations: The Washington Master Agreement allows for the execution of multiple transactions between the parties. Each transaction is confirmed and recorded separately, highlighting the specifics of the financial instrument, pricing, settlement terms, and other relevant details. 3. Payments and Deliveries: This section outlines the process and deadlines for making payments and delivering underlying assets related to the transactions. It includes provisions for calculating interest, penalties for late payments, and the respective responsibilities of both parties. 4. Representations and Warranties: Both Credit Suisse Financial Products and Bank One National Association must provide accurate and truthful representations of their financial standing and legal capacity to enter into the agreement effectively. 5. Rights and Obligations: This section determines the rights and obligations of both parties throughout the term of the agreement. It covers issues such as performance obligations, confidentiality, and dispute resolution. 6. Termination: The Washington Master Agreement allows for termination under specific circumstances, such as insolvency or breach of contract. It sets forth the procedure for termination and any associated consequences. 7. Governing Law and Jurisdiction: This section establishes that the agreement will be governed by the laws of the state of Washington. It also specifies the jurisdiction and venue for resolving any disputes that may arise. Different types of Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association may exist to accommodate specific types of transactions or financial products. For example, there could be agreements tailored for interest rate swaps, credit default swaps, commodity derivatives, or currency options. These variations would include specific terms, definitions, and provisions relevant to the particular type of transaction. In summary, the Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association is a comprehensive contract that ensures a secure and defined framework for their financial dealings. It covers various aspects of their relationship, including transaction confirmations, payments and deliveries, representations and warranties, rights and obligations, termination, and the governing law. Different types of this agreement may exist to address specific financial instruments or transactions.

The Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association is a legally binding contract that outlines the terms and conditions governing their financial relationship. This agreement serves as a framework for various transactions and sets forth the rights and responsibilities of both parties. The Washington Master Agreement is specifically designed to facilitate transactions such as derivatives, swaps, options, and other financial instruments. It ensures that both Credit Suisse Financial Products and Bank One National Association are operating within a secure and mutually beneficial environment. This agreement consists of several key sections that cover various aspects of the parties' relationship. These sections include: 1. Definitions: This section establishes the meanings of key terms used throughout the agreement, ensuring clarity and consistency in its interpretation. 2. Transaction Confirmations: The Washington Master Agreement allows for the execution of multiple transactions between the parties. Each transaction is confirmed and recorded separately, highlighting the specifics of the financial instrument, pricing, settlement terms, and other relevant details. 3. Payments and Deliveries: This section outlines the process and deadlines for making payments and delivering underlying assets related to the transactions. It includes provisions for calculating interest, penalties for late payments, and the respective responsibilities of both parties. 4. Representations and Warranties: Both Credit Suisse Financial Products and Bank One National Association must provide accurate and truthful representations of their financial standing and legal capacity to enter into the agreement effectively. 5. Rights and Obligations: This section determines the rights and obligations of both parties throughout the term of the agreement. It covers issues such as performance obligations, confidentiality, and dispute resolution. 6. Termination: The Washington Master Agreement allows for termination under specific circumstances, such as insolvency or breach of contract. It sets forth the procedure for termination and any associated consequences. 7. Governing Law and Jurisdiction: This section establishes that the agreement will be governed by the laws of the state of Washington. It also specifies the jurisdiction and venue for resolving any disputes that may arise. Different types of Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association may exist to accommodate specific types of transactions or financial products. For example, there could be agreements tailored for interest rate swaps, credit default swaps, commodity derivatives, or currency options. These variations would include specific terms, definitions, and provisions relevant to the particular type of transaction. In summary, the Washington Master Agreement between Credit Suisse Financial Products and Bank One National Association is a comprehensive contract that ensures a secure and defined framework for their financial dealings. It covers various aspects of their relationship, including transaction confirmations, payments and deliveries, representations and warranties, rights and obligations, termination, and the governing law. Different types of this agreement may exist to address specific financial instruments or transactions.