Addresses for Transfers - CSA Provision

From The Jolly Contrarian
Jump to navigation Jump to search
CSA Anatomy


9(c) Demands and Notices. All demands and notices given by a party under this Annex will be given as specified in Section 12 of this Agreement.

(View Template)

11(g) Addresses for Transfers.
Party A: ...
Party B: ...

(View Template)

Template:ISDA English Law Credit Support Annex 2016 11(h)
(View Template)


Resources Full wikitext | Nutshell wikitext
English Law | 1 Interpretation | 2 Credit Support Obligations | 3 Transfers, Calculations and Exchanges | 4 Dispute Resolution | 5 Transfer of Title, No Security Interest, Distributions and Interest Amount | 6 Default | 7 Representation | 8 Expenses | 9 Miscellaneous | 10 Definitions | 11 Elections and Variables · Base Currency and Eligible Currency · Credit Support Obligations · Valuation and Timing · Exchange Date · Dispute Resolution · Distributions and Interest Amount · Addresses for Transfers · Credit Support Offsets · Other CSA ·

Commentary

This is bank details for transfers (equivalent to the provision in a swap confirmation. Notices are dealt with under Paragraph 9(c) (Demands and Notices) of the 1995 English Law CSA. Therefore don’t adjust the notices provision 9(c) unless you want to modify the notice provisions away from the sandard notifications under the ISDA Master Agreement. Why would you do that? No immediately clear.