Template:Csa Events of Default comp: Difference between revisions

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Latest revision as of 13:08, 9 May 2024

Transatlantic differences

Unlike the English law CSAs, the NY law CSAs, are not “Transactions” under the ISDA Master Agreement but separate Credit Support Documents. This means they need their own {{{{{1}}}|Events of Default}}, with grace periods, and cannot piggy-back off those in the ISDA Master Agreement.