Credit Support Provider - ISDA Provision: Difference between revisions

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'''No''', sayeth the Users' Guide to the {{1994csa}}:
'''No''', sayeth the Users' Guide to the {{1994csa}}:


:"Parties to an {{isdama}} should not, however, be identified as {{isdaprov|Credit Support Provider}}s with respect to the Annex,''as such term is intended only to apply to third parties''".
:“Parties to an {{isdama}} should not, however, be identified as {{isdaprov|Credit Support Provider}}s with respect to the Annex, ''as such term is intended only to apply to third parties''.

Revision as of 18:15, 21 June 2019

ISDA Anatomy™


In a Nutshell Section Credit Support Provider:

Credit Support Provider” is defined in the Schedule.
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2002 ISDA full text of Section Credit Support Provider:

Credit Support Provider” has the meaning specified in the Schedule.
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Click here for the text of Section Credit Support Provider in the 1992 ISDA

Index: Click to expand:Navigation
See ISDA Comparison for a comparison between the 1992 ISDA and the 2002 ISDA.
The Varieties of ISDA Experience
Subject 2002 (wikitext) 1992 (wikitext) 1987 (wikitext)
Preamble Pre Pre Pre
Interpretation 1 1 1
Obligns/Payment 2 2 2
Representations 3 3 3
Agreements 4 4 4
EODs & Term Events 5 Events of Default: FTPDBreachCSDMisrepDUSTCross DefaultBankruptcyMWA Termination Events: IllegalityFMTax EventTEUMCEUMATE 5 Events of Default: FTPDBreachCSDMisrepDUSTCross DefaultBankruptcyMWA Termination Events: IllegalityTax EventTEUMCEUMATE 5 Events of Default: FTPDBreachCSDMisrepDUSSCross DefaultBankruptcyMWA Termination Events: IllegalityTax EventTEUMCEUM
Early Termination 6 Early Termination: ET right on EODET right on TEEffect of DesignationCalculations; Payment DatePayments on ETSet-off 6 Early Termination: ET right on EODET right on TEEffect of DesignationCalculationsPayments on ETSet-off 6 Early Termination: ET right on EODET right on TEEffect of DesignationCalculationsPayments on ET
Transfer 7 7 7
Contractual Currency 8 8 8
Miscellaneous 9 9 9
Offices; Multibranch Parties 10 10 10
Expenses 11 11 11
Notices 12 12 12
Governing Law 13 13 13
Definitions 14 14 14
Schedule Schedule Schedule Schedule
Termination Provisions Part 1 Part 1 Part 1
Tax Representations Part 2 Part 2 Part 2
Documents for Delivery Part 3 Part 3 Part 3
Miscellaneous Part 4 Part 4 Part 4
Other Provisions Part 5 Part 5 Part 5
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Should a Party to the document, where there is a CSA, be described as a "Credit Support Provider"?

No, sayeth the Users' Guide to the 1994 NY CSA:

“Parties to an ISDA Master Agreement should not, however, be identified as Credit Support Providers with respect to the Annex, as such term is intended only to apply to third parties.”