Value - NY CSA Provision

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1994 NY CSA Anatomy™


In a Nutshell Section Value:

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1994 NY CSA full text of Section Value:

Value” means for any Valuation Date or other date for which Value is calculated and subject to Paragraph 5 in the case of a dispute, with respect to:

(i) Eligible Collateral or Posted Collateral that is:
(A) Cash, the amount thereof; and
(B) a security, the bid price obtained by the Valuation Agent multiplied by the applicable Valuation Percentage, if any;
(ii) Posted Collateral that consists of items that are not specified as Eligible Collateral, zero; and
(iii) Other Eligible Support and Posted Support, as specified in Paragraph 13.

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Related Agreements
Click here for the text of Section Value in the 2016 New York law CSA
Click here for the text of Section Value in the 1995 English Law CSA
Click here for the text of Section Value in the 2016 English Law VM CSA
Comparisons
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2016 VM CSA and 2016 NY Law VM CSA: click for comparison
1995 CSA and 2016 VM CSA: click for comparison

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Differences between CSA versions

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