Delivery Amount - NY CSA Provision

1994 NY CSA Anatomy™ →Go uptown In a Nutshell™ Section 3(a): Template:Nutshell 1994 NY CSA 3(a) view template 1994 NY CSA full text of Section 3(a): 3(a) Delivery Amount. Subject to Paragraphs 4 and 5, upon a demand made by the Secured Party on or promptly following a Valuation Date, if the Delivery Amount for that Valuation Date equals or exceeds the Pledgor’s Minimum Transfer Amount, then the Pledgor will Transfer to the Secured Party Eligible Credit Support having a Value as of the date of Transfer at least equal to the applicable Delivery Amount (rounded pursuant to Paragraph 13). Unless otherwise specified in Paragraph 13, the “Delivery Amount” applicable to the Pledgor for any Valuation Date will equal the amount by which: 3(a)(i) the Credit Support Amount exceeds 3(a)(ii) the Value as of that Valuation Date of all Posted Credit Support held by the Secured Party. view template Related Agreements Click here for the text of Section 3(a) in the 2016 New York law CSA Click here for the text of Section 2(a) in the 1995 English Law CSA Click here for the text of Section 2(a) in the 2016 English Law VM CSA Comparisons 1994 NY CSA and 2016 NY Law VM CSA: click for comparison 2016 VM CSA and 2016 NY Law VM CSA: click for comparison 1995 CSA and 2016 VM CSA: click for comparison Resources Wikitext | Nutshell wikitext Navigation 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 Index: Click ᐅ to expand: 1994 NY CSA CSA 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.