Return of Equivalent Credit Support (VM) - VM CSA Provision

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2016 VM CSA Anatomy™


In a Nutshell Section 9(f):

Template:Nutshell 2016 CSA 9(f) view template

2016 VM CSA full text of Section 9(f):

9(f) Return of Equivalent Credit Support (VM). The Transferee will, promptly upon demand (but in no event later than the time at which a transfer would be due under Paragraph 3(a) with respect to a demand for the transfer of Eligible Credit Support (VM) or Equivalent Credit Support (VM)), transfer to the Transferor Equivalent Credit Support (VM) in respect of any item comprised in the Credit Support Balance (VM) (or the specified amount of such item) that as of the date of such demand has a Value of zero; provided that the Transferee will only be obligated to transfer any Equivalent Credit Support (VM) in accordance with this Paragraph 9(f), if, as of the date of transfer of such item, the Transferor has satisfied all of its transfer obligations under this Annex, if any.
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Related Agreements
Click here for the text of Section 9(f) in the 1995 English Law CSA
Click here for the text of Section 9(f) 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 9(f)
{{nycsadiff {{{3}}}}}

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