Template:Csa Expenses comp

From The Jolly Contrarian
Revision as of 10:37, 15 May 2024 by Amwelladmin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

title transfer CSAs

Paragraph 8 of the 1995 CSA is identical to the paragraoh 8 in the 2016 VM CSA.

security interest CSAs

Paragraph 10(a) of the 1994 NY CSA (but for the (VM)s) identical to Paragraph 10(a) of the 2016 NY Law VM CSA.

security interest CSAs vs. title transfer CSAs

The bit about everyone being liable for their own costs is common to all CSAs. the difference is that taxes lie where they fall in the title transfer CSAs, but are the responsibility of the Pledgor in the security interest CSAs. The security interest CSAs also carry on in 10(b) and 10(c) to rabbit on a bit about taxes and enforcement costs on Posted Collateral.

IM CSD

The 2018 English law IM CSD is an odd hybrid: all parties are liable for their own taxes, there is all the additional bit about Posted Credit Support, but the Chargor is liable for the costs and taxes of returning Credit Support from the Segregated Account back to the Chargor (when no longer required as IM).