Sandbox: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
Line 1: Line 1:
{{manual|MCAE|2016|1|Paragraph}}
{{manual|MCAN|2016|1|Paragraph}}





Revision as of 18:29, 25 January 2020

2016 ISDA Credit Support Annex (VM) (New York law)
A Jolly Contrarian owner’s manual™

Resources and navigation

Paragraph 1 in a Nutshell

Use at your own risk, campers!

Full text of Paragraph 1

Paragraph 1 Interpretation

1(a) Definitions and Inconsistency. Capitalized terms not otherwise defined herein or elsewhere in this Agreement have the meanings specified pursuant to Paragraph 12, and all references in this Annex to Paragraphs are to Paragraphs of this Annex. In the event of any inconsistency between this Annex and the other provisions of this Schedule, this Annex will prevail, and in the event of any inconsistency between Paragraph 13 and the other provisions of this Annex, Paragraph 13 will prevail.
1(b) Secured Party and Pledgor. All references in this Annex to the “Secured Party” will be to either party when acting in that capacity and all corresponding references to the “Pledgor” will be to the other party when acting in that capacity; provided, however, that if Other Posted Support (VM) is held by a party to this Annex, all references herein to that party as the Secured Party with respect to that Other Posted Support (VM) will be to that party as the beneficiary thereof and will not subject that support or that party as the beneficiary thereof to provisions of law generally relating to security interests and secured parties.

1(c) 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 13. 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. Except as provided in Paragraphs 8(a), 8(b) and 11(j), 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.

Related agreements and comparisons

Related Agreements
Click here for the text of Section 1 in the 1994 New York law CSA
Click [[{{{5}}} - CSA Provision|here]] for the text of Section [[{{{5}}} - CSA Provision|{{{5}}}]] in the 1995 English Law CSA
Click [[{{{5}}} - VM CSA Provision|here]] for the text of Section [[{{{5}}} - VM CSA Provision|{{{5}}}]] in the 2016 English Law VM CSA
Comparisons
Template:2nycsadiff 1
Template:Nycsadiff 1
{{csadiff {{{5}}}}}

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

{{m comm {{{6}}}|2016 NY CSA 1|Template:Prov MCAN2016 }}

See also

Template:M sa 2016 NY CSA 1

Template

References



Sub Wikifier
   With Selection.Find
       .Text = "{{{article}}}"
       .Replacement.Text = "{{{{{template}}}|{{{article}}}}}"
       .Forward = True
       .Wrap = wdFindContinue
       .Format = False
       .MatchCase = True
       .MatchWholeWord = False
       .MatchWildcards = False
       .MatchSoundsLike = False
       .MatchAllWordForms = False
   End With
   Selection.Find.Execute Replace:=wdReplaceAll
End Sub
Sub Wikifier definition 
 Selection.Find.ClearFormatting
   Selection.Find.Replacement.ClearFormatting
   With Selection.Find
       .Text = ChrW(8220) & "([a-z,A-Z,0-9, ]{1,})" & ChrW(8221)
       .Replacement.Text = ChrW(8220) & "'''{{nycsaprov|\1}}'''" & ChrW(8221 _
           )
       .Forward = True
       .Wrap = wdFindAsk
       .Format = False
       .MatchCase = False
       .MatchWholeWord = False
       .MatchAllWordForms = False
       .MatchSoundsLike = False
       .MatchWildcards = True
   End With
   Selection.Find.Execute Replace:=wdReplaceAll
End Sub
Sub Paragrapher()
   Selection.Find.ClearFormatting
   Selection.Find.Replacement.ClearFormatting
   With Selection.Find
       .Text = "Paragraph ([0-9\(\)][!.,;: ]{1,})"
       .Replacement.Text = "Paragraph {{nycsaprov|\1}}"
       .Forward = True
       .Wrap = wdFindAsk
       .Format = False
       .MatchCase = False
       .MatchWholeWord = False
       .MatchAllWordForms = False
       .MatchSoundsLike = False
       .MatchWildcards = True
   End With
   Selection.Find.Execute Replace:=wdReplaceAll
End Sub