Transferor - VM CSA Provision

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2016 VM CSA Anatomy™


In a Nutshell Section Transferor:

Transferor” means the guy who isn’t the Transferee.[1]
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2016 VM CSA full text of Section Transferor:

Transferor” means, in relation to a Transferee, the other party.
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Related Agreements
Click here for the text of Section Transferor in the 1995 English Law CSA
Click here for the text of Section Transferor in the 2016 English Law VM CSA
Click here for the text of the equivalent, Section Pledgor in the 2016 NY Law VM CSA
Comparisons
Template:Csadiff Transferor
Template:Nycsadiff Pledgor

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To only a lawyer would it occur to even define an idea as self-explanatory as a “transferor”, and to only ISDA would it occur to define it quite so obliquely. So helplessly. So unenlighteningly. If you were an alien, just recently arrived to say a big hello to the people of planet Earth, and you were thumbing through your BerlitzTemplate:Tmn Alpha-Centauri/English phrasebook for a sense of what a transferor might be, we think you would be a bit disappointed if it said, “if we’re talking about a transferee — well, not that guy.”

See also

  1. I didn’t write this stuff okay??