Final Returns - NY VM CSA Provision

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2016 NY VM CSA Anatomy™


In a Nutshell Section 8(d):

Template:Nutshell 2016 NY CSA 8(d) view template

2016 NY VM CSA full text of Section 8(d):

8(d) Final Returns. When no amounts are or thereafter may become payable by the Pledgor with respect to any Obligations (except for any potential liability under Section 2(d) of this Agreement, any obligation to Transfer any Interest Payment (VM) under this Paragraph 8(d) or any obligation to Transfer any interest payment under any Other CSA), (i) the Secured Party will Transfer to the Pledgor all Posted Credit Support (VM), and (ii) the Interest Payer (VM) will Transfer to the Interest Payee (VM) any Interest Payment (VM).
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Related Agreements
Click here for the text of Section 8(d) in the 1994 New York law CSA
There is no equivalent to this provision in either the 1995 CSA or the 2016 VM CSA


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