Template:Csa Expenses comp: Difference between revisions

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(Created page with "===={{capitalise|{{ttcsa}}s}}==== Paragraph {{csaprov|8}} of the {{csa}} is identical to the paragrpah {{vmcsaprov|8}} in the {{vmcsa}}. ===={{capitalise|{{sicsa}}s}}====")
 
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===={{capitalise|{{ttcsa}}s}}====
===={{capitalise|{{ttcsa}}s}}====
Paragraph {{csaprov|8}} of the {{csa}} is identical to the paragrpah {{vmcsaprov|8}} in the {{vmcsa}}.  
Paragraph {{csaprov|8}} of the {{csa}} is identical to the paragraoh {{vmcsaprov|8}} in the {{vmcsa}}.  
===={{capitalise|{{sicsa}}s}}====
===={{capitalise|{{sicsa}}s}}====
Paragraph {{nycsaprov|10(a)}} of the {{nycsa}} (but for the (VM)s) identical to Paragraph {{nyvmcsaprov|10(a)}} of the {{nyvmcsa}}.
===={{capitalise|{{sicsa}}s vs. {{ttcsa}}s}}====
The bit about everyone being liable for their own costs is common to all CSAs. the difference is that taxes lie where they fall in the {{ttcsa}}s, but are the responsibility of the Pledgor in the {{sicsa}}s. The {{sicsa}}s also carry on in {{nyvmcsaprov|10(b)}} and {{nyvmcsaprov|10(c)}} to rabbit on a bit about taxes and enforcement costs on {{nyvmcsaprov|Posted Collateral}}.
====IM CSD====
The {{imcsd}} is an odd hybrid: all parties are liable for their own taxes, there is all the additional bit about {{imcsdprov|Posted Credit Support}}, but the {{imcsdprov|Chargor}} is liable for the costs and taxes of ''returning'' {{imcsdprov|Credit Support}} from the {{imcsdprov|Segregated Account}} back to the {{imcsdprov|Chargor}} (when no longer required as IM).

Latest revision as of 10:37, 15 May 2024

title transfer CSAs

Paragraph 8 of the 1995 CSA is identical to the paragraoh 8 in the 2016 VM CSA.

security interest CSAs

Paragraph 10(a) of the 1994 New York law CSA (but for the (VM)s) identical to Paragraph 10(a) of the 2016 NY Law VM CSA.

security interest CSAs vs. title transfer CSAs

The bit about everyone being liable for their own costs is common to all CSAs. the difference is that taxes lie where they fall in the title transfer CSAs, but are the responsibility of the Pledgor in the security interest CSAs. The security interest CSAs also carry on in 10(b) and 10(c) to rabbit on a bit about taxes and enforcement costs on Posted Collateral.

IM CSD

The 2018 English law IM CSD is an odd hybrid: all parties are liable for their own taxes, there is all the additional bit about Posted Credit Support, but the Chargor is liable for the costs and taxes of returning Credit Support from the Segregated Account back to the Chargor (when no longer required as IM).