From: Richard Kahn
To: "Jeffrey E." <jeevacation@gmail.com>
Subject: Fwd: ISDA Amendments [C]
Date: The, 08 Sep 2015 20:19:06 +0000
Attachments: Southem_Financial_LLC_-_Amendment_Agreement_-_First_Draft.doc;
Southem_Trust_Company_Inc._-_Amendment_Agreement_-_First_Draft.doc
Inline-Images: image00 Lgif; image002.gif
darren reviewed attached and changes are as follows for both SFL and STC ISDA agreements:
SFL
aggregate ceiling limit increased from 40mm to 100mm
tier I ceiling limit increased from 40mm to 100mm
tier II ceiling limit increased from 40mm to 100mm
tier III ceiling limit increased from 20mm to 50mm
tier IV ceiling limit increased from 20mm to 50mm
STC
aggregate ceiling limit increased from 10mm to 100mm
tier I ceiling limit increased from 10mm to 100mm
tier II ceiling limit increased from 10mm to 100mm
tier III ceiling limit increased from 5mm to 50mm
tier IV ceiling limit increased from 5mm to 50mm
main issue on reporting is that document now requires monthly report of unencumbered cash and marketable
securities
in addition to previous language which stated that copy of most recent annual report was only required promptly
after request by other party
please advise
thank you
Richard Kahn
HBRK Associates Inc.
575 Lexington Avenue 4th Floor
New York NY 10022
tel
fax
cell
Begin forwarded message:
From: Ariane Dwyer et >
Subject: ISDA Amendments [C]
Date: September 3, 2015 at 3:47:02 PM EDT
EFTA01207662
To: Darren Indyke >, Richard Kahn < >
Cc: Daniel Sabba < >, Vahe Ste anian , Paul
Morris < >, Stewart Oldfield <
Classification: Confidential
Darren and Rich,
Please find attached the ISDA amendments for Southern Financial and Southern Trust. Let us know if you have any
questions or would like to discuss.
Best,
Ari
e;g1:!)-P,..1-wPeeironw
Ariane Dwyer
Analyst I Key Client Partners - US
Deutsche Bank Securities Inc
Deutsche Asset & Wealth Management
345 Park Avenue. 26
New York. NY. 10154-0004
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EFTA01207663