Exchange Date - CSA Provision

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ISDA 1995 English Law Credit Support Annex


In a Nutshell Section Exchange Date:

Template:Nutshell 1995 CSA Exchange Date view template

1995 CSA full text of Section Exchange Date:

Exchange Date” has the meaning specified in Paragraph 11(d).
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Related Agreements
Click here for the text of Section Exchange Date in the 1995 English Law CSA
Click here for the text of Section Exchange Date in the 2016 English Law VM CSA
Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA
Comparisons
Template:Csadiff Exchange Date
{{nycsadiff {{{3}}}}}

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ISDA 1995 English Law Credit Support Annex


In a Nutshell Section 3(c)(ii):

Template:Nutshell 1995 CSA 3(c)(ii) view template

1995 CSA full text of Section 3(c)(ii):

3(c)(ii) If the Transferee notifies the Transferor that it has consented to the proposed exchange, (A) the Transferor will be obliged to transfer the New Credit Support to the Transferee on the firstSettlement Day following the date on which it receives notice (which may be oral telephonic notice) from the Transferee of its consent and (B) the Transferee will be obliged to transfer to the Transferor Equivalent Credit Support in respect of the Original Credit Support not later than the Settlement Day following the date on which the Transferee receives the New Credit Support, unless otherwise specified in Paragraph 11(d) (the “Exchange Date”); provided that the Transferee will only be obliged to transfer Equivalent Credit Support with a Value as of the date of transfer as close as practicable to, but in any event not more than, the Value of the New Credit Support as of that date.

view template

Related Agreements
Click here for the text of Section 3(c)(ii) in the 1995 English Law CSA
Click here for the text of Section 3(c)(ii) in the 2016 English Law VM CSA
Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA
Comparisons
Template:Csadiff 3(c)(ii)
{{nycsadiff {{{3}}}}}

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.