Template:Csacapsule 1

From The Jolly Contrarian
Jump to navigation Jump to search

Nomenclature: Being an annex to an ISDA Master Agreement, references to the “Agreement” means that particular ISDA Master Agreement; the “{{{{{1}}}prov|Annex}}” is the {{{{{1}}}}} and, if you were pedantic enough that you really felt the need to refer to it, the “Schedule” is the schedule to the ISDA Master Agreement.
Covered Transaction: As a concept, “Covered Transaction” only arrived in the 2016 VM CSA, in Paragraph 1(b).

Under the 1995 CSA, the neatest way of describing whether a given set of Transactions is covered or not is to say something like:

“[SPECIFY] Transactions will [not] be relevant for purposes of determining “Exposure” under the 1995 CSA.”