Default - CSA Provision

{{anattitle-{{{2}}}csa }} Go Premium In a Nutshell™ Section {{{{{2}}}csaprov|6}}: {{Nutshell {{{{{2}}} nutsref}} CSA 6}} [[Template:Nutshell {{{{{2}}} nutsref}} CSA 6|view template]] {{{{{2}}}csa}} full text of Section {{{{{2}}}csaprov|6}}: {{ISDA {{{{{2}}} Law}} Credit Support Annex {{{{{2}}} year}} 6}} [[Template:ISDA {{{{{2}}} Law}} Credit Support Annex {{{{{2}}} year}} 6|view template]] Related Agreements Click here for the text of Section 6 in the 1995 English Law CSA Click here for the text of Section 6 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 1995 CSA and 2016 VM CSA: click for comparison {{nycsadiff {{{3}}}}} {{anatresources-{{{2}}}csa}}{{anatnavigation-{{{2}}}csa}} Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

Consider expanding of the Default provision under Paragraph 6 of the CSA to include “Termination Events where all Transactions are Affected Transactions”. This is as per Section 3.2 of the 2001 ISDA Margin Provisions in which it is recommended that Paragraph 6 of the CSA should apply where all transactions are closed out resulting from of an Event of Default or “Specified Condition” — the latter of which is defined to include the Termination Events listed under the ISDA Master Agreement. It is likely that all Transactions would be Affected Transactions should a Credit Event Upon Merger or Additional Termination Event occur.