Pages from Par Confirm STCs (May 17, 2019)

This agreement is in two parts and is used to evidence the trade of a performing loan.  The second part includes the standard terms of conditions.

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Par-Confirm-STCs-May-17-2019.docx

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Primary Delayed Compensation Protocol

The Protocol applies to a “Primary Allocation” which is an allocation of new money by a syndicate desk in connection with either (i) a new issue syndication or (ii) an amendment of an existing Credit Agreement. In addition, the Protocol affects when-issued secondary trades by (i) changing what constitutes an Early Day Trade and (ii) […]