Template:Csa 3 comp: Difference between revisions

Latest revision as of 12:47, 26 March 2024

Aside from the tedious “(VM)” suffix action on the defined terms, the 2016 VM CSA provision is largely the same as for the 1995 CSA.

The ’squad binned a long for the avoidance of doubt disquisition about telexes and faxes in 3(a)(iii) and instead 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. In a nutshell, it has to be reasonable.

There are differences created by the definitions of Settlement Day in the ’95, and Regular Settlement Day in the ’16.

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-[[3 - CSA Provision|Aside]] from the tedious suffix action on the defined terms, the provision is largely the same as for the {{1995csa}}. They have binned a long for the avoidance of doubt disquisition about [[telex]]es and [[fax]]es in {{vmcsaprov|3(a)(iii)}} and to compensate have indulged in some unnecessary details in {{vmcsaprov|3(b)}} about what values and inputs the {{vmcsaprov|Valuation Agent}} may use in coming up with a valuation. This bit:
+[[3 - CSA Provision|Aside]] from the tedious “(VM)” suffix action on the defined terms, the {{2016csa}} provision is largely the same as for the {{1995csa}}.
+[[Crack drafting squad|The ’squad]] binned a long [[for the avoidance of doubt]] disquisition about [[telex]]es and [[fax]]es in {{csaprov|3(a)(iii)}} and instead have indulged in some unnecessary details in {{vmcsaprov|3(b)}} about what values and inputs the {{vmcsaprov|Valuation Agent}} may use in coming up with a valuation. In a nutshell, it has to be reasonable.
 There are differences created by the definitions of {{csaprov|Settlement Day}} in the ’95, and {{vmcsaprov|Regular Settlement Day}} in the ’16.