No Offset - IM CSD Provision

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2018 ISDA Credit Support Deed (IM) (English law)
A Jolly Contrarian owner’s manual™

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Paragraph 6(d) in a Nutshell

Use at your own risk, campers!

Full text of Paragraph 6(d)

6(d) No Offset. For the avoidance of doubt, no delivery or return of any margin under any Other CSA will be offset against (or netted with) any Delivery Amount (IM) or Return Amount (IM).

Related agreements and comparisons

Related Agreements
Click here for the text of Section NA in the 2016 ISDA VM CSA
Comparisons
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Content and comparisons

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Summary

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General discussion

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See also

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References