Template:Csa Events of Default comp: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "====Transatlantic differences==== Unlike the English law CSAs, the NY law CSAs, are not “{{isdaprov|Transaction}}s” under the {{isdama}} but separate {{isdaprov|Credit Support Document}}s. This means they need their own {{{{{1}}}|Events of Default}}, with grace periods, and cannot piggy-back off those in the {{isdama}}." |
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====Transatlantic differences==== | ====Transatlantic differences==== | ||
Unlike the English law CSAs, the NY law CSAs, are not “{{isdaprov|Transaction}}s” under the {{isdama}} but separate {{isdaprov|Credit Support Document}}s. This means they need their own {{{{{1}}}|Events of Default}}, with [[grace | Unlike the English law CSAs, the NY law CSAs, are not “{{isdaprov|Transaction}}s” under the {{isdama}} but separate {{isdaprov|Credit Support Document}}s. This means they need their own {{{{{1}}}|Events of Default}}, with [[grace period]]s, and cannot piggy-back off those in the {{isdama}}. | ||
Latest revision as of 13:08, 9 May 2024
Transatlantic differences
Unlike the English law CSAs, the NY law CSAs, are not “Transactions” under the ISDA Master Agreement but separate Credit Support Documents. This means they need their own {{{{{1}}}|Events of Default}}, with grace periods, and cannot piggy-back off those in the ISDA Master Agreement.