Template:Isda 5(a)(iii) summ: Difference between revisions

Created page with "Before you even put your hand up: no, a Credit Support Annex between the two counterparties is ''not'' a “{{{{{1}}}|Credit Support Document}}”, at least under the English law construct: there it is a “{{{{{1}}}|Transaction}}” under the {{isdama}} that offsets the net mark-to-market value of all the other Transactions, so can’t be a {{{{{1}}}|Credit Support Document}} ''per se''. It is different with a {{1994csa}} — being a pledge document it is a {{{{{1}}..."
(Created page with "Before you even put your hand up: no, a Credit Support Annex between the two counterparties is ''not'' a “{{{{{1}}}|Credit Support Document}}”, at least under the English law construct: there it is a “{{{{{1}}}|Transaction}}” under the {{isdama}} that offsets the net mark-to-market value of all the other Transactions, so can’t be a {{{{{1}}}|Credit Support Document}} ''per se''. It is different with a {{1994csa}} — being a pledge document it is a {{{{{1}}...")
 
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