1994 NY CSA Anatomy

1994 NY CSA Anatomy™ →Go uptown 1994 NY CSA Resources: Full wikitext | Nutshell wikitext New York Law | Preamble | 1 (Interpretation) | 2 (Security Interest) | 3 (Credit Support Obligations) | 4 ( Conditions Precedent, Transfer Timing, Calculations and Substitutions) | 5 (Dispute Resolution) | 6 (Holding and Using Posted Collateral (VM)) | 7 (Events of Default) | 8 (Certain Rights and Remedies) | 9 (Representations) | 10 (Expenses) | 11 (Miscellaneous) | 12 (Definitions) | 13 (Elections and Variables) | 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.

Paragraph 1. Interpretation

1(a) Definitions and Inconsistency

1(b) Secured Party and Pledgor

Paragraph 3. Credit Support Obligations

3(a) Delivery Amount

3(b) Return Amount

“Credit Support Amount”

Paragraph 4. Conditions Precedent, Transfer Timing, Calculations and Substitutions

4(a) Conditions Precedent

4(b) Transfer Timing

4(c) Calculations

4(d) Substitutions

Paragraph 6. Holding and Using Posted Collateral

6(a) Care of Posted Collateral

6(b) Eligibility to Hold Posted Collateral; Custodians

6(c) Use of Posted Collateral

6(d) Distributions and Interest Amount

Paragraph 8. Certain Rights and Remedies

8(a) Secured Party’s Rights and Remedies

8(b) Pledgor’s Rights and Remedies

8(c) Deficiencies and Excess Proceeds

8(d) Final Returns

Paragraph 10. Expenses

10(a) General

10(b) Posted Credit Support

10(c) Liquidation/Application of Posted Credit Support

Paragraph 11. Miscellaneous

11(a) Default Interest

11(b) Further Assurances

11(c) Further Protection

11(d) Good Faith and Commercially Reasonable Manner

11(e) Demands and Notices

11(f) Specifications of Certain Matters

Paragraph 12. Definitions

Cash

Credit Support Amount

Custodian

Delivery Amount

Disputing Party

Distributions

Eligible Collateral

Eligible Credit Support

Exposure

Independent Amount

Interest Amount

Interest Period

Interest Rate

Local Business Day

Minimum Transfer Amount

Notification Time

Obligations

Other Eligible Support

Other Posted Support

Pledgor

Posted Collateral

Posted Credit Support

Recalculation Date

Resolution Time

Return Amount

Resolution Time

Secured Party

Specified Condition

Substitute Credit Support

Substitution Date

Threshold

Transfer

Valuation Agent

Valuation Date

Valuation Percentage

Valuation Time

Value

Paragraph 13. Elections and Variables

13(a) Security Interest for “Obligations”

13(b) Credit Support Obligations

13(c) Valuation and Timing

13(d) Conditions Precedent and Secured Party’s Rights and Remedies

13(e) Substitution

13(f) Dispute Resolution

13(g) Holding and Using Posted Collateral

13(h) Distributions and Interest Amount

13(i) Additional Representation(s)

13(j) Other Eligible Support and Other Posted Support

13(k) Demands and Notices

13(l) Addresses for Transfers

13(m) Other Provisions