Thresholds - CSA Provision

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1995 ISDA Credit Support Annex (English Law)
A Jolly Contrarian owner’s manual™

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Paragraph 11(b)(iii) in a Nutshell

Use at your own risk, campers!

Full text of Paragraph 11(b)(iii)

11(b)(iii) Thresholds.

11(b)(iii)(A)

"Independent Amount” means with respect to Party A:
"Independent Amount” means with respect to Party B:

11(b)(iii)(B)

"Threshold” means with respect to Party A:
"Threshold” means with respect to Party B:

11(b)(iii)(C)

"Minimum Transfer Amount” means with respect to Party A:
"Minimum Transfer Amount” means with respect to Party B:
11(b)(iii)(D) Rounding. The Delivery Amount and the Return Amount will be rounded [down to the nearest integral multiple of ..../up and down to the nearest integral multiple of ...., respectively].
The varieties of ISDA CSA
Subject 1994 NY 1995 Eng 2016 VM NY 2016 VM Eng 2018 IM Eng
Preamble Pre Pre Pre Pre Pre
Interpretation 1 1 1 1 1
Security Interest 2 - 2 - 2
Credit Support Obligations 3 2 3 2 3
Transfers, Calculations and Exchanges - 3 - 3 -
Conditions Precedent, Transfer Timing, Calculations and Substitutions 4 - 4 - 4
Dispute Resolution 5 4 5 4 5
Holding and Using Posted Collateral 6 - 6 - 6
Transfer of Title, No Security Interest - 5 - 5 -
Events of Default 7 6 7 6 7
Rights and Remedies 8 - 8 - 7
Representations 9 7 9 7 9
Expenses 10 8 10 8 10
Miscellaneous 11 9 11 9 11
Definitions 12 10 12 10 12
Elections and Variables 13 11 13 11 13
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Content and comparisons

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Summary

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See also

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References