Credit Support Eligibility Condition (VM) - CSA Provision

CSA Anatomy™

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 2018 ISDA Credit Support Deed for Initial Margin Index: Click ᐅ to expand: CSA

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Whoops! There is no such term in the 1995 CSA. This provision only ever popped into the fevered minds of ISDA’s crack drafting squad™ during the formulation of the 2016 VM CSA.