Eligible Currency - CSA Provision

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ISDA 1995 English Law Credit Support Annex

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Eligible Currency in a Nutshell

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Original text:

Eligible Currency” means each currency specified as such in Paragraph 11(a)(ii), if such currency is freely available.
The varieties of ISDA CSA
Subject 1994 NY 1995 Eng 2016 VM NY 2016 VM Eng 2018 IM Eng
Preamble Pre Pre Pre Pre Pre
Interpretation 1 1 1 1 1
Security Interest 2 - 2 - 2
Credit Support Obligations 3 2 3 2 3
Transfers, Calculations and Exchanges - 3 - 3 -
Conditions Precedent, Transfer Timing, Calculations and Substitutions 4 - 4 - 4
Dispute Resolution 5 4 5 4 5
Holding and Using Posted Collateral 6 - 6 - 6
Transfer of Title, No Security Interest - 5 - 5 -
Events of Default 7 6 7 6 7
Rights and Remedies 8 - 8 - 8
Representations 9 7 9 7 9
Expenses 10 8 10 8 10
Miscellaneous 11 9 11 9 11
Definitions 12 10 12 10 12
Elections and Variables 13 11 13 11 13

Resources and Navigation

Index: Click to expand:

Overview

The OG CSA has a reference only to Template:Vycsaprov and not one to “Eligible Currency”; all the other versions have a concept of Eligible Currency (and Base Currency) and cash is not specifically defined.

Summary

Template:Csa Eligible Currency summ

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See also

References