Credit Support - VM CSA Provision: Difference between revisions

Latest revision as of 00:10, 1 January 2020

2016 VM CSA Anatomy™

Resources Full wikitext \| Nutshell wikitext Navigation 1 (Interpretation) \| 2 (Credit Support Obligations) \| 3 (Transfers, Calculations and Exchanges) \| 4 (Dispute Resolution) \| 5 (Title Transfer etc) \| 6 (Default) \| 7 (Representation) \| 8 (Expenses) \| 9 (Miscellaneous) \| 10 (Definitions) \| 11 (Elections and Variables) Index: Click ᐅ to expand: 2016 VM CSA 2018 CSD 1995 CSA

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I know, I know: the term Credit Support does not appear in the 2016 VM CSA. But really, it should. If it did, one could avoid a wealth of wasted flannel: “Eligible Credit Support or Equivalent Credit Support as the case may be” kind of thing. And “Delivery Amount or Return Amount as the case may be”.

But when a golden opportunity presents itself, what kind of lawyer can resist spreading flannel far and wide, honestly?

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