Template:Csa Conditions Precedent comp: Difference between revisions
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Largely the same between the {{1994csa}} and the {{2016nycsa}} bar the proviso to the {{nyvmcsaprov|Valuation Time}} added to Paragraph {{nyvmcsaprov|4(c)}} in the 2016 version: | Largely the same between the {{1994csa}} and the {{2016nycsa}} bar the proviso to the {{nyvmcsaprov|Valuation Time}} added to Paragraph {{nyvmcsaprov|4(c)}} in the 2016 version: | ||
{{quote| | {{quote| | ||
provided that the Valuation Agent may use, in the case of any calculation of (i) Value, Values most recently reasonably available for close of business in the relevant market for the relevant Eligible Credit Support (VM) as of the Valuation Time and (ii) Exposure, relevant information or data most recently reasonably available for close of business in the relevant market(s)}} | provided that the {{nyvmcsaprov|Valuation Agent}} may use, in the case of any calculation of (i) {{nyvmcsaprov|Value}}, Values most recently reasonably available for close of business in the relevant market for the relevant {{nyvmcsaprov|Eligible Credit Support (VM)}} as of the {{nyvmcsaprov|Valuation Time}} and (ii) {{nyvmcsaprov|Exposure}}, relevant information or data most recently reasonably available for close of business in the relevant market(s)}} | ||
And also some references to {{{{{1}}}|Regular Settlement Day}} and so on. Here is a {{diff|85008|85007}}. | And also some references to {{{{{1}}}|Regular Settlement Day}} and so on. Here is a {{diff|85008|85007}}. | ||
Latest revision as of 11:57, 9 May 2024
Largely the same between the 1994 NY CSA and the 2016 NY VM CSA bar the proviso to the Valuation Time added to Paragraph 4(c) in the 2016 version:
provided that the Valuation Agent may use, in the case of any calculation of (i) Value, Values most recently reasonably available for close of business in the relevant market for the relevant Eligible Credit Support (VM) as of the Valuation Time and (ii) Exposure, relevant information or data most recently reasonably available for close of business in the relevant market(s)
And also some references to {{{{{1}}}|Regular Settlement Day}} and so on. Here is a comparison.