Template:M comp disc 2016 CSA 3

Aside from the tedious suffix action on the defined terms, the provision is largely the same as for the 1995 CSA. They have binned a long for the avoidance of doubt disquisition about telexes and faxes in 3(a)(iii) and to compensate have indulged in some unnecessary details in 3(b) about what values and inputs the 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 Settlement Day in the ’95, versus Regular Settlement Day in the ’16.