MDX Swap Trade Confirmation
Form of Untranched Confirmation
DRAFT VERSION: As of April 21, 2025 for use with MDX Untranched Terms
CONFIRMATION
DATE: [Date]
TO: [Party B]
Telephone No.: [number]
Facsimile No.: [number]
Attention: [name]
FROM: [Party A]
SUBJECT: [Vista MDX.GN.1] Untranched Transaction
REF NO: [Reference number]
The purpose of this communication (this “Confirmation”) is to set forth the terms and conditions of the Transaction (as defined in the MDX Untranched Terms defined below) entered into on the Trade Date specified below between [Party A] (“Party A”) and [counterparty’s name] (“Party B”). This Confirmation constitutes a “Confirmation” as referred to in the ISDA Master Agreement specified below.
The definitions and provisions contained in the 2014 ISDA Credit Derivatives Definitions, as published by the International Swaps and Derivatives Association, Inc. (the “2014 Credit Derivatives Definitions”) and the MDX Untranched Transactions Standard Terms Supplement, as published by Vista Index Services on April 11, 2025 (the “MDX Untranched Terms”) are incorporated into this Confirmation. In the event of any inconsistency between the 2014 Credit Derivatives Definitions or the MDX Untranched Terms and this Confirmation, this Confirmation will govern. In the event of any inconsistency between the MDX Untranched Terms and the 2014 Credit Derivatives Definitions, the MDX Untranched Terms will govern.
This Confirmation supplements, forms a part of and is subject to the ISDA Master Agreement dated as of [ ], as amended and supplemented from time to time (the “Agreement”) between Party A and Party B. All provisions contained in, or incorporated by reference in, the Agreement shall govern this Confirmation except as expressly modified below.
The terms of the Transaction to which this Confirmation relates are as follows:
| Index: | [Vista MDX.GN.__ ](e.g. MDX.GN.01)¹ |
|---|---|
| Annex Date: | [ ] |
| Trade Date: | [ ] |
| Effective Date: | [Effective Date of Index Contract, i.e. Index Start Date] |
| Scheduled Termination Date: | [Scheduled Termination Date of Index Contract] |
| Calculation Agent: | [ ] |
| Original Notional Amount: | [USD] |
| Floating Rate Payer: | [ ] (the “Seller”) |
| Fixed Rate Payer: | [ ] (the “Buyer”) |
| Initial Payment Payer: | [Buyer] [Seller] [Not Applicable] |
| Initial Payment Amount: | [ ] [Not Applicable] |
| Fixed Rate: | [2.00] % per annum |
NOTICE AND ACCOUNT DETAILS
Telephone, Telex and/or Facsimile Number and Contact Details for Notice:
Party A: [Party A]
Telephone No.: [number]
Facsimile No.: [number]
Party B: [Party B]
Telephone No.: [number]
Facsimile No.: [number]
Account Details:
Account Details of Party A:
For the Account of: [Party A]
Name of Bank: [name of bank]
Account No: [number]
Fed ABA No: [number]
Account Details of Party B:
For the Account of: [Party B]
Name of Bank: [name of bank]
Account No: [number]
Fed ABA No: [number]
Please confirm your agreement to be bound by the terms of the foregoing by executing a copy of this Confirmation and returning it to us at the contact information listed above.
[Party A signature]
BY:
NAME:
TITLE:
[Party B signature]
BY:
NAME:
TITLE: