Credit Support - CSA Provision
This term does not appear in the 1995 CSA but it really should. If it did, one could avoid a wealth of wasted flannel: “Eligible Credit Support or Equivalent Credit Support as the case may be” kind of thing. And Delivery Amount or Return Amount as the case may be.
But what kind of lawyer can resist spreading flannel far and wide, honestly?
CSA Anatomy™
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