Other CSA - CSA Provision: Difference between revisions
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{{fullanat|csa|Other CSA|2016}} | {{fullanat|csa|Other CSA|2016}} | ||
see also Paragraph {{csaprov|1(b)}}, which expounds itself thus: | see also Paragraph {{csaprov|1(b)}}, which expounds itself thus: | ||
:{{ISDA English Law Credit Support Annex 2016 1(b)}} | :<small>{{ISDA English Law Credit Support Annex 2016 1(b)}}</small> |
Revision as of 10:01, 6 February 2017
see also Paragraph 1(b), which expounds itself thus:
- 1(b) Scope of this Annex and the Other CSA: The only Transactions which will be relevant for the purposes of determining “Exposure” under this Annex will be the Covered Transactions specified in Paragraph 11. Each Other CSA, if any, is hereby amended such that the Transactions that will be relevant for purposes of determining “Exposure” thereunder, if any, will exclude the Covered Transactions and the Transaction constituted by this Annex. Except as provided in Paragraph 9(h), nothing in this Annex will affect the rights and obligations, if any, of either party with respect to “independent amounts” or initial margin under each Other CSA, if any, with respect to Transactions that are Covered Transactions.