Valuation Date Location - VM CSA Provision

2016 VM CSA Anatomy™ →Go uptown In a Nutshell™ Section Valuation Date Location: “Valuation Date Location” is specified for each Party in Paragraph 11(d)(ii). view template 2016 VM CSA full text of Section Valuation Date Location: “Valuation Date Location” has the meaning specified in Paragraph 11(d)(ii). view template Related Agreements Click here for the text of Section Valuation Date Location in the 1995 English Law CSA Click here for the text of Section Valuation Date Location in the 2016 English Law VM CSA Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA Comparisons Template:Csadiff Valuation Date Location {{nycsadiff {{{3}}}}} Resources Full wikitext | Nutshell wikitext Navigation 1 (Interpretation) | 2 (Credit Support Obligations) | 3 (Transfers, Calculations and Exchanges) | 4 (Dispute Resolution) | 5 (Title Transfer etc) | 6 (Default) | 7 (Representation) | 8 (Expenses) | 9 (Miscellaneous) | 10 (Definitions) | 11 (Elections and Variables) Index: Click ᐅ to expand: 2016 VM CSA 2018 CSD 1995 CSA Tell me more Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.

The place where each Party is located, in essence. You exchange variation margin on every day on which both parties are in the office, so each must specify its own Valuation Date Location to work out, officially, when that is, and whether on a given day it can expect to receive, or have to pony up, variation margin. A simple concept made paralysingly convoluted by ISDA’s yen to over-determination.