Eligible Credit Support (VM) - VM CSA Provision
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In a Nutshell™ Section Eligible Credit Support (VM):
“Eligible Credit Support (VM)” means, for a party, the items specified for that party in Paragraph 11(c)(ii), and where any securities are specified, includes their redemption proceeds.
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2016 VM CSA full text of Section Eligible Credit Support (VM):
“Eligible Credit Support (VM)” means, with respect to a party, the items, if any, specified as such for that party in Paragraph 11(c)(ii) including, in relation to any securities, if applicable, the proceeds of any redemption in whole or in part of such securities by the relevant issuer.
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Related Agreements
Click here for the text of Section Eligible Credit Support (VM) in the 1995 English Law CSA
Click here for the text of Section Eligible Credit Support (VM) 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
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