Template:Csa Transfers, Calculations and Exchanges comp

security interest CSAs: There is no such exact provision in the security interest CSAs. The equivalent provision is Paragraph 4, Conditions Precedent, Transfer Timing, Calculations and Substitutions, but it works quite differently on account of it being a pledge and not title transfer.

title transfer CSAs: Aside from the tedious suffix action on the defined terms, the 2016 VM CSA provision is largely the same as for the 1995 CSA. They have binned a long doubt-avoiding disquisition about telexes and faxes in {{{{{1}}}|3(a)(iii)}} and to compensate have indulged in some unnecessary details in {{{{{1}}}|3(b)}} about what values and inputs the {{{{{1}}}|Valuation Agent}} may use in coming up with a valuation. A salutary thanks-for-phoning-in kind of effort.

Note, however, differences that are created by the different definitions of {{{{{1}}}|Settlement Day}} in the ’95, versus {{{{{1}}}|Regular Settlement Day}} in the ’16.