In a Nutshell™ Section Credit Support Amount: “Credit Support Amount (VM/IA)” for a Transferor on a Valuation Date means:
Max[0, Transferee’s Exposure + Transferor’s Independent Amounts - Transferee’s Independent Amounts] view template 2016 VM CSA full text of Section Credit Support Amount: “Credit Support Amount (VM/IA)” means with respect to a Transferor on a Valuation Date:
provided however, that the Credit Support Amount (VM/IA) will be deemed to be zero whenever the calculation of Credit Support Amount (VM/IA) yields a number less than zero. view template Related Agreements Click here for the text of Section Credit Support Amount in the 1995 English Law CSA Click here for the text of Section Credit Support Amount 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 Credit Support Amount {{nycsadiff {{{3}}}}}