Covered Transaction - VM CSA Provision

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In a Nutshell Section Covered Transaction:

Template:Nutshell 2016 CSA Covered Transaction view template

2016 VM CSA full text of Section Covered Transaction:

Covered Transaction” has the meaning specified in Paragraph 11(b). view template

Related Agreements
Click here for the text of Section Covered Transaction in the 1995 English Law CSA
Click here for the text of Section Covered Transaction 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 Covered Transaction
{{nycsadiff {{{3}}}}}

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Covered Transaction: As a concept, “Covered Transaction” only arrived in the 2016 VM CSA, in Paragraph 1(b).

Under the 1995 CSA, the neatest way of describing whether a given set of Transactions is covered or not is to say something like:

“[SPECIFY] Transactions will [not] be relevant for purposes of determining “Exposure” under the 1995 CSA.”