Regular Settlement Day - CSA Provision: Difference between revisions

Revision as of 13:47, 13 March 2018

CSA Anatomy™

“Regular Settlement Day” means, unless otherwise specified in Paragraph 11, the same Local Business Day on which a demand for the transfer of Eligible Credit Support (VM) or Equivalent Credit Support (VM) is made.

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Regular Settlement Day in a Nutshell™ _{(2016 CSA edition)}

“Regular Settlement Day” means the Local Business Day on which one demands credit support.

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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To be compared with Settlement Day under the 1995 CSA (which — spoiler — is the following Local Business Day).

@@ Line 3: / Line 3: @@
 {{nuts|2016 CSA|Regular Settlement Day}}
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-To be compared with {{csaprov|Settlement Day}} under the {{1995csa}} (which — spoiler — is the following {{isdaprov|Local Business Day}}).
+To be compared with {{csaprov|Settlement Day}} under the {{1995csa}} (which — spoiler — is the ''following'' {{isdaprov|Local Business Day}}).