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Template:Csa Events of Default summ: Difference between revisions
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====Grace periods==== | ====Grace periods==== | ||
Those of ISDA credit support arrangements that are standalone {{isdaprov|Credit Support Document}}s — the {{nycsa}}, {{nyvmcsa}} and the {{imcsd}}, but ''not'' the {{csa} and the {{vmcsa}} — bake in their own two {{{{{1}}}|Local Business Day}} [[grace period]] into their own customised Events of Default. | Those of ISDA credit support arrangements that are standalone {{isdaprov|Credit Support Document}}s — the {{nycsa}}, {{nyvmcsa}} and the {{imcsd}}, but ''not'' the {{csa}} and the {{vmcsa}} — bake in their own two {{{{{1}}}|Local Business Day}} [[grace period]] into their own customised Events of Default. | ||
The {{1995csa}} and {{2016csa}}, being Transactions, don’t need to and inherit the [[grace period]]s for the {{isdaprov|Events of Default}} in the {{isdama}}. | The {{1995csa}} and {{2016csa}}, being Transactions, don’t need to and inherit the [[grace period]]s for the {{isdaprov|Events of Default}} in the {{isdama}}. | ||