Template:Csa clause table: Difference between revisions

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==={{1995csa}} Terms===
===[[1995 ISDA Credit Support Annex|1995 CSA]] Terms===
{{csaprov|Preamble}}
{{csaprov|Preamble}}
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{{cellwidth|25}}
==={{1994csa}} Terms===
===[[1994 ISDA Credit Support Annex|1994 NY CSA]] Terms===
{{nycsaprov|Preamble}}
{{nycsaprov|Preamble}}
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{{cellwidth|25}}
==={{2016vmcsa}} Terms===
===[[2016 ISDA Credit Support Annex for Variation Margin (VM)|2016 VM CSA]] Terms===
{{vmcsaprov|Preamble}}
{{vmcsaprov|Preamble}}
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{{cellwidth|25}}
==={{nyvmcsa}} Terms===
==={{nyvmcsa}} Terms===
{{nyvmcsaprov|Preamble}}
{{nyvmcsaprov|Preamble}}
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{{aligntop}}
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{{1995 CSA Section 1 TOC}}
===Para {{csaprov|1}} {{csaprov|Interpretation}}===
| {{top}}
| {{top}}
{{1994 CSA Section 1 TOC}}
===Paragraph {{nycsaprov|1}}. {{nycsaprov|Interpretation}}===
:{{nycsaprov|1(a)}} {{nycsaprov|Definitions and Inconsistency}}
:{{nycsaprov|1(b)}} {{nycsaprov|Secured Party and Pledgor}} <br>
| {{top}}  
| {{top}}  
{{2016 VM CSA Section 1 TOC}}
===Para {{vmcsaprov|1}} {{vmcsaprov|Interpretation}}===
Paragraph {{vmcsaprov|1(a)}} {{vmcsaprov|Definitions and Inconsistency}} <br />
Paragraph {{vmcsaprov|1(b)}} {{vmcsaprov|Scope of this Annex and the Other CSA}} <br />
| {{top}}  
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{{2016 NY VM CSA Section 1 TOC}}
===Paragraph {{nyvmcsaprov|1}} {{nyvmcsaprov|Interpretation}}===
|-
Paragraph {{nyvmcsaprov|1(a)}} {{nyvmcsaprov|Definitions and Inconsistency}} <br />
Paragraph {{nyvmcsaprov|1(b)}} {{nyvmcsaprov| Secured Party and Pledgor}} <br />
Paragraph {{nyvmcsaprov|1(c)}} {{nyvmcsaprov|Scope of this Annex and the Other CSA}} <br />
{{aligntop}}
| {{top}}
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''[No security interest]''
''[No security interest]''
| {{top}}
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{{1994 CSA Section 2 TOC}}
===Paragraph {{nycsaprov|2}}. {{nycsaprov|Security Interest}}===
| {{top}}
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''[No security interest]''
''[No security interest]''
| {{top}}
| {{top}}
{{2016 NY VM CSA Section 2 TOC}}
===Paragraph {{nyvmcsaprov|2}}. {{nyvmcsaprov|Security Interest}}===
|-
{{aligntop}}
| {{top}}  
| {{top}}  
{{1995 CSA Section 2 TOC}}
===Paragraph {{csaprov|2}}. {{csaprov|Credit Support Obligations}}===
Paragraph {{csaprov|2(a)}} {{csaprov|Delivery Amount}}<br>
Paragraph {{csaprov|2(b)}} {{csaprov|Return Amount}}<br>
| {{top}}
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{{1994 CSA Section 3 TOC}}
===Paragraph {{nycsaprov|3}}. {{nycsaprov|Credit Support Obligations}}===
:{{nycsaprov|3(a)}} Delivery Amount
:{{nycsaprov|3(b)}} Return Amount
:“{{nycsaprov|Credit Support Amount}}” <br />
| {{top}}
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{{2016 VM CSA Section 2 TOC}}
===Paragraph {{vmcsaprov|2}}. {{vmcsaprov|Credit Support Obligations}}===
Paragraph {{vmcsaprov|2(a)}} {{vmcsaprov|Delivery Amount}}<br>
Paragraph {{vmcsaprov|2(b)}} {{vmcsaprov|Return Amount}}<br>
| {{top}}  
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{{2016 NY VM CSA Section 3 TOC}}
===Paragraph {{nyvmcsaprov|3}}. {{nyvmcsaprov|Credit Support Obligations}}===
|-
Paragraph {{nyvmcsaprov|3(a)}} {{nyvmcsaprov|Delivery Amount}}<br>
Paragraph {{nyvmcsaprov|3(b)}} {{nyvmcsaprov|Return Amount}}<br>
{{aligntop}}
| {{top}}
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{{1995 CSA Section 3 TOC}}
===Paragraph {{csaprov|3}} {{csaprov|Transfers, Calculations and Exchanges}}===
Paragraph {{csaprov|3(a)}} {{csaprov|Transfers}}<br>
Paragraph {{csaprov|3(b)}} {{csaprov|Calculations}}<br>
Paragraph {{csaprov|3(c)}} {{csaprov|Exchanges}}<br>
| {{top}}
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{{1994 CSA Section 4 TOC}}
===Paragraph {{nycsaprov|4}}. {{nycsaprov|Conditions Precedent, Transfer Timing, Calculations and Substitutions}}===
:{{nycsaprov|4(a)}} {{nycsaprov|Conditions Precedent}}
:{{nycsaprov|4(b)}} {{nycsaprov|Transfer Timing}}
:{{nycsaprov|4(c)}} {{nycsaprov|Calculations}}
:{{nycsaprov|4(d)}} {{nycsaprov|Substitutions}} <br />
| {{top}}
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{{2016 VM CSA Section 3 TOC}}
===Paragraph {{vmcsaprov|3}} {{vmcsaprov|Transfers, Calculations and Exchanges}}===
Paragraph {{vmcsaprov|3(a)}} {{vmcsaprov|Transfers}}<br>
Paragraph {{vmcsaprov|3(b)}} {{vmcsaprov|Calculations}}<br>
Paragraph {{vmcsaprov|3(c)}} {{vmcsaprov|Exchanges}}<br>
| {{top}}  
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{{2016 NY VM CSA Section 4 TOC}}
===Paragraph {{nyvmcsaprov|4}} {{nyvmcsaprov|Conditions Precedent, Transfer Timing, Calculations and Substitutions}}===
|-
Paragraph {{nyvmcsaprov|4(a)}} {{nyvmcsaprov|Conditions Precedent}}<br>
Paragraph {{nyvmcsaprov|4(b)}} {{nyvmcsaprov|Transfer Timing}}<br>
Paragraph {{nyvmcsaprov|4(c)}} {{nyvmcsaprov|Calculations}}<br>
Paragraph {{nyvmcsaprov|4(d)}} {{nyvmcsaprov|Substitutions}}<br>
{{aligntop}}
|  {{top}}
|  {{top}}
{{1995 CSA Section 4 TOC}}
===Paragraph {{csaprov|4}} {{csaprov|Dispute Resolution}}===
Paragraph {{csaprov|4(a)}} {{csaprov|Disputed Calculations or Valuations}}<br>
Paragraph {{csaprov|4(b)}} {{csaprov|No Event of Default}}<br>
| {{top}}
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{{1994 CSA Section 5 TOC}}
===Paragraph {{nycsaprov|5}}. {{nycsaprov|Dispute Resolution}}===
| {{top}}
| {{top}}
{{2016 VM CSA Section 4 TOC}}
===Paragraph {{vmcsaprov|4}} {{vmcsaprov|Dispute Resolution}}===
Paragraph {{vmcsaprov|4(a)}} {{vmcsaprov|Disputed Calculations or Valuations}}<br>
Paragraph {{vmcsaprov|4(b)}} {{vmcsaprov|No Event of Default}}<br>
| {{top}}  
| {{top}}  
{{2016 NY VM CSA Section 5 TOC}}
=== Paragraph {{nyvmcsaprov|5}} {{nyvmcsaprov|Dispute Resolution}} ===
|-
{{aligntop}}
| {{top}}
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{{1995 CSA Section 5 TOC}}
===Paragraph {{csaprov|5}} {{csaprov|Transfer of Title, No Security Interest, Distributions and Interest Amount}}===
Paragraph {{csaprov|5(a)}} {{csaprov|Transfer of Title}}<br>
Paragraph {{csaprov|5(b)}} {{csaprov|No Security Interest}}<br>
Paragraph {{csaprov|5(c)}} {{csaprov|Distributions and Interest Amount}}<br>
| {{top}}
| {{top}}
{{1994 CSA Section 6 TOC}}
===Paragraph {{nycsaprov|6}}. {{nycsaprov|Holding and Using Posted Collateral}}===
:{{nycsaprov|6(a)}} {{nycsaprov|Care of Posted Collateral}}
:{{nycsaprov|6(b)}} {{nycsaprov|Eligibility to Hold Posted Collateral; Custodians}}
:{{nycsaprov|6(c)}} {{nycsaprov|Use of Posted Collateral}}
:{{nycsaprov|6(d)}} {{nycsaprov|Distributions and Interest Amount}} <br />
| {{top}}
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{{2016 VM CSA Section 5 TOC}}
===Paragraph {{vmcsaprov|5}} {{vmcsaprov|Transfer of Title, No Security Interest, Distributions and Interest Amount}}===
Paragraph {{vmcsaprov|5(a)}} {{vmcsaprov|Transfer of Title}}<br>
Paragraph {{vmcsaprov|5(b)}} {{vmcsaprov|No Security Interest}}<br>
Paragraph {{vmcsaprov|5(c)}} {{vmcsaprov|Distributions and Interest Amount}}<br>
| {{top}}  
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{{2016 NY VM CSA Section 6 TOC}}
===Paragraph {{nyvmcsaprov|6}} {{nyvmcsaprov|Holding and Using Posted Collateral (VM)}}===
|-
{{nyvmcsaprov|6(a)}} {{nyvmcsaprov|Care of Posted Collateral (VM)}} <br>
{{nyvmcsaprov|6(b)}} {{nyvmcsaprov|Eligibility to Hold Posted Collateral (VM); Custodians (VM)}} <br>
{{nyvmcsaprov|6(c)}} {{nyvmcsaprov|Use of Posted Collateral (VM)}} <br>
{{nyvmcsaprov|6(d)}} {{nyvmcsaprov|Distributions, Interest Amount (VM) and Interest Payment (VM)}}
{{aligntop}}
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{{1995 CSA Section 6 TOC}}
===Paragraph {{csaprov|6}} {{csaprov|Default}}===
| {{top}}
| {{top}}
{{1994 CSA Section 7 TOC}}
===Paragraph {{nycsaprov|7}}. {{nycsaprov|Events of Default}}===
| {{top}}
| {{top}}
{{2016 VM CSA Section 6 TOC}}
===Paragraph {{vmcsaprov|6}} {{vmcsaprov|Default}}===
| {{top}}  
| {{top}}  
{{2016 NY VM CSA Section 7 TOC}}
===Paragraph {{nyvmcsaprov|7}} {{nyvmcsaprov|Events of Default}}===
|-
{{aligntop}}
| {{top}}
| {{top}}
''[No rights and remedies]''
''[No rights and remedies]''
| {{top}}
| {{top}}
{{1994 CSA Section 8 TOC}}
===Paragraph {{nycsaprov|8}}. {{nycsaprov|Certain Rights and Remedies}}===
:{{nycsaprov|8(a)}} {{nycsaprov|Secured Party’s Rights and Remedies}}
:{{nycsaprov|8(b)}} {{nycsaprov|Pledgor’s Rights and Remedies}}
:{{nycsaprov|8(c)}} {{nycsaprov|Deficiencies and Excess Proceeds}}
:{{nycsaprov|8(d)}} {{nycsaprov|Final Returns}} <br />
| {{top}}
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''[No rights and remedies]''
''[No rights and remedies]''
| {{top}}
| {{top}}
{{2016 NY VM CSA Section 8 TOC}}
===Paragraph {{nyvmcsaprov|8}} {{nyvmcsaprov|Certain Rights and Remedies}}===
|-
{{nyvmcsaprov|8(a)}} {{nyvmcsaprov|Secured Party’s Rights and Remedies}} <br>
{{nyvmcsaprov|8(b)}} {{nyvmcsaprov|Pledgor’s Rights and Remedies}} <br>
{{nyvmcsaprov|8(c)}} {{nyvmcsaprov|Deficiencies and Excess Proceeds}} <br>
{{nyvmcsaprov|8(d)}} {{nyvmcsaprov|Final Returns}} <br>
{{aligntop}}
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{{1995 CSA Section 7 TOC}}
===Paragraph {{csaprov|7}} {{csaprov|Representation}}===
| {{top}}
| {{top}}
{{1994 CSA Section 9 TOC}}
===Paragraph {{nycsaprov|9}}. {{nycsaprov|Representations}}===
| {{top}}
| {{top}}
{{2016 VM CSA Section 7 TOC}}
===Paragraph {{vmcsaprov|7}} {{vmcsaprov|Representation}}===
| {{top}}  
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{{2016 NY VM CSA Section 9 TOC}}
===Paragraph {{nyvmcsaprov|9}} {{nyvmcsaprov|Representations}}===
|-
{{aligntop}}
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{{1995 CSA Section 8 TOC}}
===Paragraph {{csaprov|8}} {{csaprov|Expenses}}===
| {{top}}
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{{1994 CSA Section 10 TOC}}
===Paragraph {{nycsaprov|10}}. {{nycsaprov|Expenses}}===
:{{nycsaprov|10(a)}} {{nycsaprov|General}}
:{{nycsaprov|10(b)}} {{nycsaprov|Posted Credit Support}}
:{{nycsaprov|10(c)}} {{nycsaprov|Liquidation/Application of Posted Credit Support}} <br />
| {{top}}
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{{2016 VM CSA Section 8 TOC}}
===Paragraph {{vmcsaprov|8}} {{vmcsaprov|Expenses}}===
| {{top}}  
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{{2016 NY VM CSA Section 10 TOC}}
===Paragraph {{nyvmcsaprov|10}} {{nyvmcsaprov|Expenses}}===
|-
{{nyvmcsaprov|10(a)}} {{nyvmcsaprov|General}} <br>
{{nyvmcsaprov|10(b)}} {{nyvmcsaprov|Posted Credit Support (VM)}} <br>
{{nyvmcsaprov|10(c)}} {{nyvmcsaprov|Liquidation/Application of Posted Credit Support (VM)}} <br>
{{aligntop}}
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{{1995 CSA Section 9 TOC}}
===Paragraph {{csaprov|9}} {{csaprov|Miscellaneous}}===
Paragraph {{csaprov|9(a)}} {{csaprov|Default Interest}}<br>
Paragraph {{csaprov|9(b)}} {{csaprov|Good Faith and Commercially Reasonable Manner}}<br>
Paragraph {{csaprov|9(c)}} {{csaprov|Demands and Notices}}<br>
Paragraph {{csaprov|9(d)}} {{csaprov|Specifications of Certain Matters}}<br>
| {{top}}
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{{1994 CSA Section 11 TOC}}
===Paragraph {{nycsaprov|11}}. {{nycsaprov|Miscellaneous}}===
:{{nycsaprov|11(a)}} {{nycsaprov|Default Interest}}
:{{nycsaprov|11(b)}} {{nycsaprov|Further Assurances}}
:{{nycsaprov|11(c)}} {{nycsaprov|Further Protection}}
:{{nycsaprov|11(d)}} {{nycsaprov|Good Faith and Commercially Reasonable Manner}}
:{{nycsaprov|11(e)}} {{nycsaprov|Demands and Notices}}
:{{nycsaprov|11(f)}} {{nycsaprov|Specifications of Certain Matters}} <br />
| {{top}}
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{{2016 VM CSA Section 9 TOC}}
===Paragraph {{vmcsaprov|9}} {{vmcsaprov|Miscellaneous}}===
Paragraph {{vmcsaprov|9(a)}} {{vmcsaprov|Default Interest}}<br>
Paragraph {{vmcsaprov|9(b)}} {{vmcsaprov|Good Faith and Commercially Reasonable Manner}}<br>
Paragraph {{vmcsaprov|9(c)}} {{vmcsaprov|Demands and Notices}}<br>
Paragraph {{vmcsaprov|9(d)}} {{vmcsaprov|Specifications of Certain Matters}}<br>
Paragraph {{vmcsaprov|9(e)}} {{vmcsaprov|Legally Ineligible Credit Support (VM)}} <br>
Paragraph {{vmcsaprov|9(f)}} {{vmcsaprov|Return of Equivalent Credit Support (VM)}} <br>
Paragraph {{vmcsaprov|9(g)}} {{vmcsaprov|Reinstatement of Credit Support Eligibility}} <br>
Paragraph {{vmcsaprov|9(h)}} {{vmcsaprov|Credit Support Offsets}} <br>
| {{top}}  
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{{2016 NY VM CSA Section 11 TOC}}
===Paragraph {{nyvmcsaprov|11}} {{nyvmcsaprov|Miscellaneous}}===
|-
Paragraph {{nyvmcsaprov|11(a)}} {{nyvmcsaprov|Default Interest}}<br>
Paragraph {{nyvmcsaprov|11(b)}} {{nyvmcsaprov|Further Assurances}}<br>
Paragraph {{nyvmcsaprov|11(c)}} {{nyvmcsaprov|Further Protection}}<br>
Paragraph {{nyvmcsaprov|11(d)}} {{nyvmcsaprov|Good Faith and Commercially Reasonable Manner}}<br>
Paragraph {{nyvmcsaprov|11(e)}} {{nyvmcsaprov|Demands and Notices}}<br>
Paragraph {{nyvmcsaprov|11(f)}} {{nyvmcsaprov|Specifications of Certain Matters}}<br>
Paragraph {{nyvmcsaprov|11(g)}} {{nyvmcsaprov|Legally Ineligible Credit Support (VM)}} <br>
Paragraph {{nyvmcsaprov|11(h)}} {{nyvmcsaprov|Return of Equivalent Credit Support (VM)}} <br>
Paragraph {{nyvmcsaprov|11(i)}} {{nyvmcsaprov|Reinstatement of Credit Support Eligibility}} <br>
Paragraph {{nyvmcsaprov|11(j)}} {{nyvmcsaprov|Credit Support Offsets}} <br>
{{aligntop}}
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{{1995 CSA Section 10 TOC}}
===Paragraph {{csaprov|10}}. {{csaprov|Definitions}}===
{{csaprov|Base Currency}} <br>
{{csaprov|Base Currency Equivalent}} <br>
{{csaprov|Credit Support Amount}} <br>
{{csaprov|Credit Support Balance}} <br>
{{csaprov|Delivery Amount}} <br>
{{csaprov|Disputing Party}} <br>
{{csaprov|Distributions}} <br>
{{csaprov|Distributions Date}} <br>
{{csaprov|Eligible Credit Support}} <br>
{{csaprov|Eligible Currency}} <br>
{{csaprov|Equivalent Credit Support}} <br>
{{csaprov|Equivalent Distributions}} <br>
{{csaprov|Exchange Date}} <br>
{{csaprov|Exposure}} <br>
{{csaprov|Independent Amount}} <br>
{{csaprov|Interest Amount}} <br>
{{csaprov|Interest Period}} <br>
{{csaprov|Interest Rate}} <br>
{{csaprov|Local Business Day}} <br>
{{csaprov|Minimum Transfer Amount}} <br>
{{csaprov|New Credit Support}} <br>
{{csaprov|Notification Time}} <br>
{{csaprov|Recalculation Date}} <br>
{{csaprov|Resolution Time}} <br>
{{csaprov|Return Amount}} <br>
{{csaprov|Settlement Day}} <br>
{{csaprov|Threshold}} <br>
{{csaprov|Transferee}} <br>
{{csaprov|Transferor}} <br>
{{csaprov|Valuation Agent}} <br>
{{csaprov|Valuation Date}} <br>
{{csaprov|Valuation Percentage}} <br>
{{csaprov|Valuation Time}} <br>
{{csaprov|Value}} <br>
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{{1994 CSA Section 12 TOC}}
===Paragraph {{nycsaprov|12}}. {{nycsaprov|Definitions}}===
:{{nycsaprov|Cash}}<br>
:{{nycsaprov|Credit Support Amount}}<br>
:{{nycsaprov|Custodian}}<br>
:{{nycsaprov|Delivery Amount}}<br>
:{{nycsaprov|Disputing Party}}<br>
:{{nycsaprov|Distributions}}<br>
:{{nycsaprov|Eligible Collateral}}<br>
:{{nycsaprov|Eligible Credit Support}}<br>
:{{nycsaprov|Exposure}}<br>
:{{nycsaprov|Independent Amount}}<br>
:{{nycsaprov|Interest Amount}}<br>
:{{nycsaprov|Interest Period}}<br>
:{{nycsaprov|Interest Rate}}<br>
:{{nycsaprov|Local Business Day}}<br>
:{{nycsaprov|Minimum Transfer Amount}}<br>
:{{nycsaprov|Notification Time}}<br>
:{{nycsaprov|Obligations}}<br>
:{{nycsaprov|Other Eligible Support}}<br>
:{{nycsaprov|Other Posted Support}}<br>
:{{nycsaprov|Pledgor}}<br>
:{{nycsaprov|Posted Collateral}}<br>
:{{nycsaprov|Posted Credit Support}}<br>
:{{nycsaprov|Recalculation Date}}<br>
:{{nycsaprov|Resolution Time}}<br>
:{{nycsaprov|Return Amount}}<br>
:{{nycsaprov|Resolution Time}}<br>
:{{nycsaprov|Secured Party}}<br>
:{{nycsaprov|Specified Condition}}<br>
:{{nycsaprov|Substitute Credit Support}}<br>
:{{nycsaprov|Substitution Date}}<br>
:{{nycsaprov|Threshold}}<br>
:{{nycsaprov|Transfer}}<br>
:{{nycsaprov|Valuation Agent}}<br>
:{{nycsaprov|Valuation Date}}<br>
:{{nycsaprov|Valuation Percentage}}<br>
:{{nycsaprov|Valuation Time}}<br>
:{{nycsaprov|Value}}<br>
| {{top}}
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{{2016 VM CSA Section 10 TOC}}
===Paragraph {{vmcsaprov|10}}. {{vmcsaprov|Definitions}}===
{{vmcsaprov|Base Currency}} <br>
{{vmcsaprov|Base Currency Equivalent}} <br>
{{vmcsaprov|Credit Support Balance (VM)}} <br>
{{vmcsaprov|Credit Support Eligibility Condition (VM)}} <br>
{{vmcsaprov|Delivery Amount (VM)}} <br>
{{vmcsaprov|Delivery Amount Reduction (VM)}} <br>
{{vmcsaprov|Disputing Party}} <br>
{{vmcsaprov|Distributions}} <br>
{{vmcsaprov|Distributions Date}} <br>
{{vmcsaprov|Eligible Credit Support (VM)}} <br>
{{vmcsaprov|Eligible Currency}} <br>
{{vmcsaprov|Eligible Return Amount (VM)}} <br>
{{vmcsaprov|Equivalent Credit Support}} <br>
{{vmcsaprov|Equivalent Distributions}} <br>
{{vmcsaprov|Exchange Date}} <br>
{{vmcsaprov|Exposure}} <br>
{{vmcsaprov|Fungible Credit Support Type}} <br>
{{vmcsaprov|FX Haircut Percentage}} <br>
{{vmcsaprov|Interest Adjustment Reduction Amount (VM)}} <br>
{{vmcsaprov|Interest Amount (VM)}} <br>
{{vmcsaprov|Interest Payee (VM)}} <br>
{{vmcsaprov|Interest Payer (VM)}} <br>
{{vmcsaprov|Interest Payment (VM)}} <br>
{{vmcsaprov|Interest Period}} <br>
{{vmcsaprov|Interest Rate (VM)}} <br>
{{vmcsaprov|Legal Eligibility Requirements}} <br>
{{vmcsaprov|Legal Ineligibility Notice}} <br>
{{vmcsaprov|Local Business Day}} <br>
{{vmcsaprov|Minimum Transfer Amount}} <br>
{{vmcsaprov|New Credit Support (VM)}} <br>
{{vmcsaprov|Notification Time}} <br>
{{vmcsaprov|Original Credit Support (VM)}} <br>
{{vmcsaprov|Other CSA}} <br>
{{vmcsaprov|Other CSA Excluded Credit Support}} <br>
{{vmcsaprov|Recalculation Date}} <br>
{{vmcsaprov|Regular Settlement Day}} <br>
{{vmcsaprov|Resolution Time}} <br>
{{vmcsaprov|Return Amount (VM)}} <br>
{{vmcsaprov|return Amount Reduction (VM)}} <br>
{{vmcsaprov|Settlement Day}} <br>
{{vmcsaprov|Total Ineligibility Date}} <br>
{{vmcsaprov|Transferee}} <br>
{{vmcsaprov|Transferor}} <br>
{{vmcsaprov|Transfer Ineligibility Date}} <br>
{{vmcsaprov|Valuation Agent}} <br>
{{vmcsaprov|Valuation Date}} <br>
{{vmcsaprov|Valuation Date Location}} <br>
{{vmcsaprov|Valuation Percentage}} <br>
{{vmcsaprov|Valuation Time}} <br>
{{vmcsaprov|Value}} <br>
| {{top}}  
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{{2016 NY VM CSA Section 12 TOC}}
===Paragraph {{nyvmcsaprov|12}}. {{nyvmcsaprov|Definitions}}===
|-
{{nyvmcsaprov|Base Currency}} <br>
{{nyvmcsaprov|Base Currency Equivalent}} <br>
{{nyvmcsaprov|Cash}} <br>
{{nyvmcsaprov|Covered Transaction}} <br>
{{nyvmcsaprov|Credit Support Eligibility Condition (VM)}} <br>
{{nyvmcsaprov|Custodian (VM)}} <br>
{{nyvmcsaprov|Delivery Amount (VM)}} <br>
{{nyvmcsaprov|Delivery Amount Reduction (VM)}} <br>
{{nyvmcsaprov|Disputing Party}} <br>
{{nyvmcsaprov|Distributions}} <br>
{{nyvmcsaprov|Eligible Collateral (VM)}} <br>
{{nyvmcsaprov|Eligible Credit Support (VM)}} <br>
{{nyvmcsaprov|Eligible Currency}} <br>
{{nyvmcsaprov|Eligible Return Amount (VM)}} <br>
{{nyvmcsaprov|Exposure}} <br>
{{nyvmcsaprov|Fungible Credit Support Type}} <br>
{{nyvmcsaprov|FX Haircut Percentage}} <br>
{{nyvmcsaprov|Interest Adjustment Reduction Amount (VM)}} <br>
{{nyvmcsaprov|Interest Amount (VM)}} <br>
{{nyvmcsaprov|Interest Payee (VM)}} <br>
{{nyvmcsaprov|Interest Payer (VM)}} <br>
{{nyvmcsaprov|Interest Payment (VM)}} <br>
{{nyvmcsaprov|Interest Period}} <br>
{{nyvmcsaprov|Interest Rate (VM)}} <br>
{{nyvmcsaprov|Legal Eligibility Requirements}} <br>
{{nyvmcsaprov|Local Business Day}} <br>
{{nyvmcsaprov|Minimum Transfer Amount}} <br>
{{nyvmcsaprov|Notification Time}} <br>
{{nyvmcsaprov|Obligations}} <br>
{{nyvmcsaprov|Other CSA}} <br>
{{nyvmcsaprov|Other CSA Excluded Credit Support}} <br>
{{nyvmcsaprov|Other Eligible Support (VM)}} <br>
{{nyvmcsaprov|Other Posted Support (VM)}} <br>
{{nyvmcsaprov|Pledgor}} <br>
{{nyvmcsaprov|Posted Collateral (VM)}} <br>
{{nyvmcsaprov|Posted Credit Support (VM)}} <br>
{{nyvmcsaprov|Recalculation Date}} <br>
{{nyvmcsaprov|Regular Settlement Day}} <br>
{{nyvmcsaprov|Resolution Time}} <br>
{{nyvmcsaprov|Return Amount (VM)}} <br>
{{nyvmcsaprov|Return Amount Reduction (VM)}} <br>
{{nyvmcsaprov|Secured Party}} <br>
{{nyvmcsaprov|Set-off}} <br>
{{nyvmcsaprov|Specified Condition}} <br>
{{nyvmcsaprov|Substitute Credit Support (VM)}} <br>
{{nyvmcsaprov|Substitution Date}} <br>
{{nyvmcsaprov|Total Ineligibility Date}} <br>
{{nyvmcsaprov|Transfer}} <br>
{{nyvmcsaprov|Transfer Ineligibility Date}} <br>
{{nyvmcsaprov|Valuation Agent}} <br>
{{nyvmcsaprov|Valuation Date}} <br>
{{nyvmcsaprov|Valuation Date Location}} <br>
{{nyvmcsaprov|Valuation Percentage}} <br>
{{nyvmcsaprov|Valuation Time}} <br>
{{nyvmcsaprov|Value}} <br>
{{aligntop}}
| {{top}}
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{{1995 CSA Section 11 TOC}}
===Para {{csaprov|11}} {{csaprov|Elections and Variables}}===
{{1995 CSA Section 11(a) TOC}}
{{1995 CSA Section 11(b) TOC}}
{{1995 CSA Section 11(c) TOC}}
{{1995 CSA Section 11(d) TOC}}
{{1995 CSA Section 11(e) TOC}}
{{1995 CSA Section 11(f) TOC}}
{{1995 CSA Section 11(g) TOC}}
| {{top}}
| {{top}}
{{1994 CSA Section 13 TOC}}
===Paragraph {{nycsaprov|13}}. {{nycsaprov|Elections and Variables}}===
:{{nycsaprov|13(a)}} {{nycsaprov|Security Interest for “Obligations”}}
:{{nycsaprov|13(b)}} {{nycsaprov|Credit Support Obligations}}
:{{nycsaprov|13(c)}} {{nycsaprov|Valuation and Timing}}
:{{nycsaprov|13(d)}} {{nycsaprov|Conditions Precedent and Secured Party’s Rights and Remedies}}
:{{nycsaprov|13(e)}} {{nycsaprov|Substitution}}
:{{nycsaprov|13(f)}} {{nycsaprov|Dispute Resolution}}
:{{nycsaprov|13(g)}} {{nycsaprov|Holding and Using Posted Collateral}}
:{{nycsaprov|13(h)}} {{nycsaprov|Distributions and Interest Amount}}
:{{nycsaprov|13(i)}} {{nycsaprov|Additional Representation(s)}}
:{{nycsaprov|13(j)}} {{nycsaprov|Other Eligible Support and Other Posted Support}}
:{{nycsaprov|13(k)}} {{nycsaprov|Demands and Notices}}
:{{nycsaprov|13(l)}} {{nycsaprov|Addresses for Transfers}}
:{{nycsaprov|13(m)}} {{nycsaprov|Other Provisions}}<br />
| {{top}}
| {{top}}
{{2016 VM CSA Section 11 TOC}}
===Para {{vmcsaprov|11}} {{vmcsaprov|Elections and Variables}}===
{{2016 CSA Section 11(a) TOC}}
{{2016 CSA Section 11(b) TOC}}
{{2016 CSA Section 11(c) TOC}}
{{2016 CSA Section 11(d) TOC}}
{{2016 CSA Section 11(e) TOC}}
{{2016 CSA Section 11(f) TOC}}
{{2016 CSA Section 11(g) TOC}}
{{2016 CSA Section 11(h) TOC}}
{{2016 CSA Section 11(i) TOC}}
{{2016 CSA Section 11(j) TOC}}
| {{top}}  
| {{top}}  
{{2016 NY VM CSA Section 13 TOC}}
===Paragraph {{nyvmcsaprov|13}}. {{nyvmcsaprov|Elections and Variables}} ===
|-
{{2016 NY VM CSA Section 13(a) TOC}}
{{2016 NY VM CSA Section 13(b) TOC}}
{{2016 NY VM CSA Section 13(c) TOC}}
{{2016 NY VM CSA Section 13(d) TOC}}
{{2016 NY VM CSA Section 13(e) TOC}}
{{2016 NY VM CSA Section 13(f) TOC}}
{{2016 NY VM CSA Section 13(g) TOC}}
{{2016 NY VM CSA Section 13(h) TOC}}
{{2016 NY VM CSA Section 13(i) TOC}}
{{2016 NY VM CSA Section 13(j) TOC}}
{{2016 NY VM CSA Section 13(k) TOC}}
{{2016 NY VM CSA Section 13(l) TOC}}
{{2016 NY VM CSA Section 13(m) TOC}}
{{2016 NY VM CSA Section 13(n) TOC}}
{{2016 NY VM CSA Section 13(o) TOC}}
{{2016 NY VM CSA Section 13(p) TOC}}
{{aligntop}}
{{tablebottom}}
{{tablebottom}}
</div>
</div>
__NOTOC__
__NOTOC__

Revision as of 12:53, 10 May 2024

1995 CSA Terms

Preamble

1994 NY CSA Terms

Preamble

2016 VM CSA Terms

Preamble

2016 NY Law VM CSA Terms

Preamble

Para 1 Interpretation

Paragraph 1. Interpretation

1(a) Definitions and Inconsistency
1(b) Secured Party and Pledgor

Para 1 Interpretation

Paragraph 1(a) Definitions and Inconsistency
Paragraph 1(b) Scope of this Annex and the Other CSA

Paragraph 1 Interpretation

Paragraph 1(a) Definitions and Inconsistency
Paragraph 1(b) Secured Party and Pledgor
Paragraph 1(c) Scope of this Annex and the Other CSA

[No security interest]

Paragraph 2. Security Interest

[No security interest]

Paragraph 2. Security Interest

Paragraph 2. Credit Support Obligations

Paragraph 2(a) Delivery Amount
Paragraph 2(b) Return Amount

Paragraph 3. Credit Support Obligations

3(a) Delivery Amount
3(b) Return Amount
Credit Support Amount

Paragraph 2. Credit Support Obligations

Paragraph 2(a) Delivery Amount
Paragraph 2(b) Return Amount

Paragraph 3. Credit Support Obligations

Paragraph 3(a) Delivery Amount
Paragraph 3(b) Return Amount

Paragraph 3 Transfers, Calculations and Exchanges

Paragraph 3(a) Transfers
Paragraph 3(b) Calculations
Paragraph 3(c) Exchanges

Paragraph 4. Conditions Precedent, Transfer Timing, Calculations and Substitutions

4(a) Conditions Precedent
4(b) Transfer Timing
4(c) Calculations
4(d) Substitutions

Paragraph 3 Transfers, Calculations and Exchanges

Paragraph 3(a) Transfers
Paragraph 3(b) Calculations
Paragraph 3(c) Exchanges

Paragraph 4 Conditions Precedent, Transfer Timing, Calculations and Substitutions

Paragraph 4(a) Conditions Precedent
Paragraph 4(b) Transfer Timing
Paragraph 4(c) Calculations
Paragraph 4(d) Substitutions

Paragraph 4 Dispute Resolution

Paragraph 4(a) Disputed Calculations or Valuations
Paragraph 4(b) No Event of Default

Paragraph 5. Dispute Resolution

Paragraph 4 Dispute Resolution

Paragraph 4(a) Disputed Calculations or Valuations
Paragraph 4(b) No Event of Default

Paragraph 5 Dispute Resolution

Paragraph 5 Transfer of Title, No Security Interest, Distributions and Interest Amount

Paragraph 5(a) Transfer of Title
Paragraph 5(b) No Security Interest
Paragraph 5(c) Distributions and Interest Amount

Paragraph 6. Holding and Using Posted Collateral

6(a) Care of Posted Collateral
6(b) Eligibility to Hold Posted Collateral; Custodians
6(c) Use of Posted Collateral
6(d) Distributions and Interest Amount

Paragraph 5 Transfer of Title, No Security Interest, Distributions and Interest Amount

Paragraph 5(a) Transfer of Title
Paragraph 5(b) No Security Interest
Paragraph 5(c) Distributions and Interest Amount

Paragraph 6 Holding and Using Posted Collateral (VM)

6(a) Care of Posted Collateral (VM)
6(b) Eligibility to Hold Posted Collateral (VM); Custodians (VM)
6(c) Use of Posted Collateral (VM)
6(d) Distributions, Interest Amount (VM) and Interest Payment (VM)

Paragraph 6 Default

Paragraph 7. Events of Default

Paragraph 6 Default

Paragraph 7 Events of Default

[No rights and remedies]

Paragraph 8. Certain Rights and Remedies

8(a) Secured Party’s Rights and Remedies
8(b) Pledgor’s Rights and Remedies
8(c) Deficiencies and Excess Proceeds
8(d) Final Returns

[No rights and remedies]

Paragraph 8 Certain Rights and Remedies

8(a) Secured Party’s Rights and Remedies
8(b) Pledgor’s Rights and Remedies
8(c) Deficiencies and Excess Proceeds
8(d) Final Returns

Paragraph 7 Representation

Paragraph 9. Representations

Paragraph 7 Representation

Paragraph 9 Representations

Paragraph 8 Expenses

Paragraph 10. Expenses

10(a) General
10(b) Posted Credit Support
10(c) Liquidation/Application of Posted Credit Support

Paragraph 8 Expenses

Paragraph 10 Expenses

10(a) General
10(b) Posted Credit Support (VM)
10(c) Liquidation/Application of Posted Credit Support (VM)

Paragraph 9 Miscellaneous

Paragraph 9(a) Default Interest
Paragraph 9(b) Good Faith and Commercially Reasonable Manner
Paragraph 9(c) Demands and Notices
Paragraph 9(d) Specifications of Certain Matters

Paragraph 11. Miscellaneous

11(a) Default Interest
11(b) Further Assurances
11(c) Further Protection
11(d) Good Faith and Commercially Reasonable Manner
11(e) Demands and Notices
11(f) Specifications of Certain Matters

Paragraph 9 Miscellaneous

Paragraph 9(a) Default Interest
Paragraph 9(b) Good Faith and Commercially Reasonable Manner
Paragraph 9(c) Demands and Notices
Paragraph 9(d) Specifications of Certain Matters
Paragraph 9(e) Legally Ineligible Credit Support (VM)
Paragraph 9(f) Return of Equivalent Credit Support (VM)
Paragraph 9(g) Reinstatement of Credit Support Eligibility
Paragraph 9(h) Credit Support Offsets

Paragraph 11 Miscellaneous

Paragraph 11(a) Default Interest
Paragraph 11(b) Further Assurances
Paragraph 11(c) Further Protection
Paragraph 11(d) Good Faith and Commercially Reasonable Manner
Paragraph 11(e) Demands and Notices
Paragraph 11(f) Specifications of Certain Matters
Paragraph 11(g) Legally Ineligible Credit Support (VM)
Paragraph 11(h) Return of Equivalent Credit Support (VM)
Paragraph 11(i) Reinstatement of Credit Support Eligibility
Paragraph 11(j) Credit Support Offsets

Paragraph 10. Definitions

Base Currency
Base Currency Equivalent
Credit Support Amount
Credit Support Balance
Delivery Amount
Disputing Party
Distributions
Distributions Date
Eligible Credit Support
Eligible Currency
Equivalent Credit Support
Equivalent Distributions
Exchange Date
Exposure
Independent Amount
Interest Amount
Interest Period
Interest Rate
Local Business Day
Minimum Transfer Amount
New Credit Support
Notification Time
Recalculation Date
Resolution Time
Return Amount
Settlement Day
Threshold
Transferee
Transferor
Valuation Agent
Valuation Date
Valuation Percentage
Valuation Time
Value

Paragraph 12. Definitions

Cash
Credit Support Amount
Custodian
Delivery Amount
Disputing Party
Distributions
Eligible Collateral
Eligible Credit Support
Exposure
Independent Amount
Interest Amount
Interest Period
Interest Rate
Local Business Day
Minimum Transfer Amount
Notification Time
Obligations
Other Eligible Support
Other Posted Support
Pledgor
Posted Collateral
Posted Credit Support
Recalculation Date
Resolution Time
Return Amount
Resolution Time
Secured Party
Specified Condition
Substitute Credit Support
Substitution Date
Threshold
Transfer
Valuation Agent
Valuation Date
Valuation Percentage
Valuation Time
Value

Paragraph 10. Definitions

Base Currency
Base Currency Equivalent
Credit Support Balance (VM)
Credit Support Eligibility Condition (VM)
Delivery Amount (VM)
Delivery Amount Reduction (VM)
Disputing Party
Distributions
Distributions Date
Eligible Credit Support (VM)
Eligible Currency
Eligible Return Amount (VM)
Equivalent Credit Support
Equivalent Distributions
Exchange Date
Exposure
Fungible Credit Support Type
FX Haircut Percentage
Interest Adjustment Reduction Amount (VM)
Interest Amount (VM)
Interest Payee (VM)
Interest Payer (VM)
Interest Payment (VM)
Interest Period
Interest Rate (VM)
Legal Eligibility Requirements
Legal Ineligibility Notice
Local Business Day
Minimum Transfer Amount
New Credit Support (VM)
Notification Time
Original Credit Support (VM)
Other CSA
Other CSA Excluded Credit Support
Recalculation Date
Regular Settlement Day
Resolution Time
Return Amount (VM)
return Amount Reduction (VM)
Settlement Day
Total Ineligibility Date
Transferee
Transferor
Transfer Ineligibility Date
Valuation Agent
Valuation Date
Valuation Date Location
Valuation Percentage
Valuation Time
Value

Paragraph 12. Definitions

Base Currency
Base Currency Equivalent
Cash
Covered Transaction
Credit Support Eligibility Condition (VM)
Custodian (VM)
Delivery Amount (VM)
Delivery Amount Reduction (VM)
Disputing Party
Distributions
Eligible Collateral (VM)
Eligible Credit Support (VM)
Eligible Currency
Eligible Return Amount (VM)
Exposure
Fungible Credit Support Type
FX Haircut Percentage
Interest Adjustment Reduction Amount (VM)
Interest Amount (VM)
Interest Payee (VM)
Interest Payer (VM)
Interest Payment (VM)
Interest Period
Interest Rate (VM)
Legal Eligibility Requirements
Local Business Day
Minimum Transfer Amount
Notification Time
Obligations
Other CSA
Other CSA Excluded Credit Support
Other Eligible Support (VM)
Other Posted Support (VM)
Pledgor
Posted Collateral (VM)
Posted Credit Support (VM)
Recalculation Date
Regular Settlement Day
Resolution Time
Return Amount (VM)
Return Amount Reduction (VM)
Secured Party
Set-off
Specified Condition
Substitute Credit Support (VM)
Substitution Date
Total Ineligibility Date
Transfer
Transfer Ineligibility Date
Valuation Agent
Valuation Date
Valuation Date Location
Valuation Percentage
Valuation Time
Value

Para 11 Elections and Variables

Paragraph 11(a): Base Currency and Eligible Currency
Paragraph 11(b): Credit Support Obligations

Paragraph 11(b)(i): Delivery Amount, Return Amount and Credit Support Amount
Paragraph 11(b)(i)(A): Delivery Amount
Paragraph 11(b)(i)(B): Return Amount
Paragraph 11(b)(i)(C): Credit Support Amount
Paragraph 11(b)(ii): Eligible Credit Support
Paragraph 11(b)(iii): Thresholds
Paragraph 11(b)(iii)(A): Independent Amount
Paragraph 11(b)(iii)(B): Threshold
Paragraph 11(b)(iii)(C): Minimum Transfer Amount
Paragraph 11(b)(iii)(D): Rounding

Paragraph 11(c): Valuation and Timing

Paragraph 11(c)(i): Valuation Agent
Paragraph 11(c)(ii): Valuation Date
Paragraph 11(c)(iii): Valuation Time
Paragraph 11(c)(iv): Notification Time

Paragraph 11(d): Exchange Date
Paragraph 11(e): Dispute Resolution

Paragraph 11(e)(i): Resolution Time
Paragraph 11(e)(ii): Value (dispute resolution)
Paragraph 11(e)(iii): Alternative

Paragraph 11(f): Distributions and Interest Amount

Paragraph 11(f)(i): Interest Rate
Paragraph 11(f)(ii): Transfer of Interest Amount
Paragraph 11(f)(iii): Alternative to Interest Amount

Paragraph 11(g): Addresses for Transfers

Paragraph 13. Elections and Variables

13(a) Security Interest for “Obligations”
13(b) Credit Support Obligations
13(c) Valuation and Timing
13(d) Conditions Precedent and Secured Party’s Rights and Remedies
13(e) Substitution
13(f) Dispute Resolution
13(g) Holding and Using Posted Collateral
13(h) Distributions and Interest Amount
13(i) Additional Representation(s)
13(j) Other Eligible Support and Other Posted Support
13(k) Demands and Notices
13(l) Addresses for Transfers
13(m) Other Provisions

Para 11 Elections and Variables

Paragraph 11(a): Base Currency and Eligible Currency
Paragraph 11(b): Covered Transactions; Exposure
11(c) Credit Support Obligations.

11(c)(i) Delivery Amount (VM) and Return Amount (VM)
11(c)(ii) Eligible Credit Support (VM)
11(c)(iii) Legally Ineligible Credit Support (VM)
11(c)(iv) Credit Support Eligibility Conditions (VM)
11(c)(v) Valuation Percentage; FX Haircut Percentage
11(c)(vi) Thresholds.
11(c)(vii) Transfers.

11(d) Valuation and Timing

11(d)(i)Valuation Agent
11(d)(ii)Valuation Date
11(d)(iii)Valuation Time
11(d)(iv)Notification Time

11(e) Exchange Date.
11(f) Dispute Resolution

11(f)(i)Resolution Time
11(f)(ii) Value
11(f)(iii) Alternative.

11(g) Distributions and Interest Amount (VM)

11(g)(i) Interest Rate (VM)
11(g)(ii) Transfer of Interest Payment (VM) or application of Interest Amount (VM)
11(g)(iii) Other Interest Elections
11(g)(iv) Alternative to Interest Amount (VM)

11(h) Credit Support Offsets.
11(i) Addresses for Transfers.
11(j) Other CSA.

Paragraph 13. Elections and Variables

13(a) Base Currency and Eligible Currency
13(a)(i) Base Currency
13(a)(ii) Eligible Currency
13(b) Covered Transactions; Security Interest for Obligations; Exposure
13(b)(i) Covered Transactions
13(b)(i)(A) Covered Transactions
13(b)(ii) Obligations
13(b)(iii) Exposure
13(c) Credit Support Obligations
13(c)(i) Delivery Amount (VM) and Return Amount (VM)
13(c)(i)(A) Delivery Amount (VM)
13(c)(i)(B) Return Amount (VM)
13(c)(ii) Eligible Collateral (VM)
13(c)(iii) Legally Ineligible Credit Support (VM)
13(c)(iii)(A) Total Ineligibility Date
13(c)(iii)(B) Transfer
13(c)(iv) Credit Support Eligibility Conditions (VM)
13(c)(v) Valuation Percentage; FX Haircut Percentage
13(c)(v)(A) Valuation Percentage
13(c)(v)(B) FX Haircut Percentage
13(c)(vi) Other Eligible Support (VM)
13(c)(vii) Minimum Transfer Amount
13(c)(vii)(A) Minimum Transfer Amount
13(c)(vii)(B) Rounding
13(c)(viii) Transfer Timing
13(d) Valuation and Timing
13(d)(i) Valuation Agent
13(d)(ii) Valuation Date
13(d)(iii) Valuation Time
13(d)(iv) Notification Time
13(e) Conditions Precedent and Secured Party’s Rights and Remedies
13(f) Substitution
13(f)(i) Substitution Date
13(f)(ii) Consent
13(g) Dispute Resolution
13(g)(i) Resolution Time
13(g)(ii) Value
13(g)(iii) Alternative
13(h) Holding and Using Posted Collateral (VM)
13(h)(i) Eligibility to Hold Posted Collateral (VM); Custodians (VM)
13(h)(ii) Use of Posted Collateral (VM)
13(i) Distributions and Interest Payment (VM)
13(i)(i) Interest Rate (VM)
13(i)(ii) Transfer of Interest Payment (VM) or application of Interest Amount (VM)
Interest Transfer
Interest Payment Netting
Interest Adjustment
13(i)(iii) Other Interest Elections
Negative Interest
Daily Interest Compounding
13(i)(iv) Alternative to Interest Amount (VM) and Interest Payment (VM)
13(j) Credit Support Offsets
13(k) Additional Representations
13(l) Other Eligible Support (VM) and Other Posted Support (VM)
13(l)(i) Value
13(l)(ii) Transfer
13(m) Demands and Notices
13(n) Addresses for Transfers
13(o) Other CSA
13(p) Other Provisions