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Nomenclature: Being an annex to an ISDA Master Agreement, references to the “Agreement” means that particular ISDA Master Agreement; the “{{{{{1}}}prov|Annex}}” is the {{{1}}} and, if you were pedantic enough that you really felt the need to refer to it, the “Schedule” is the schedule to the ISDA Master Agreement.

Covered Transaction, as a concept, only arrived in the 2016 VM CSA. Under the 1995 CSA, the neatest way of describing whether a given set of Transactions are covered or not is to say something like:

“[SPECIFY] Transactions will [not] be relevant for purposes of determining “Exposure” under the 1995 CSA.”