Notification Time - CSA Provision

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CSA Anatomy™


Notification Time” has the meaning specified in Paragraph 11(c)(iv).

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11(c)(iv)Notification Time” means 1:00 p.m., London time, on a Local Business Day, unless otherwise specified here: [SPECIFY]

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CSA Anatomy™


Notification Time” has the meaning specified in Paragraph 11(d)(iv).

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Template:ISDA English Law Credit Support Annex 2016 11(c)(iv)
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Commentary

Relevant for the definition of Settlement Day and collateral Transfers: basically, as per the flush wording at the end of Paragraph 3(a) if a demand for a transfer is received after the Notification Time on a given date, the relevant transfer will made on the Settlement Day after the day on which the Transfer demand was made.

See also

{{ISDA English Law Credit Support Annex {{{2}}} Settlement Day}}
([[Template:ISDA English Law Credit Support Annex {{{2}}} Settlement Day|View Template]])


CSA Anatomy™

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