Template:M summ 2016 NY CSA 7: Difference between revisions

no edit summary
(Replaced content with "Quite different to the default provision under the {{vmcsa}}, because the NY version is not a {{isdaprov|Transaction}}.")
Tag: Replaced
No edit summary
Line 1: Line 1:
[[7 - NY VM CSA Provision|Quite]] different to the default provision under the {{vmcsa}}, because the NY version is not a {{isdaprov|Transaction}}.
[[7 - NY VM CSA Provision|Quite]] different to the default provision under the {{vmcsa}}, because the NY version is not a {{isdaprov|Transaction}}. This means it needs to have its own {{nvvmcsaprov|Events of Default}} clause, rather than piggy-backing off the {{isdama}}. It also has its own [[grace period]], which defaults to two {{nvvmcsaprov|Local Business Day}}s.