Transfer Amount - NY CSA Provision

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ISDA 1994 New York Law Credit Support Annex

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NY OG
Eng OG
NY VM
Eng VM
Eng IM

Transfer Amount in a Nutshell

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Original text

Transfer Amount” means a Delivery Amount or Return Amount as the case may be.

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 - 8
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

Resources and Navigation

Index: Click to expand:

Comparisons

Well it is not canonical ISDA, so we use the same expression in each of the CSA editions. But to be clear, this is a JC neologism.

Basics

A term the JC made up to substitute for “the Delivery Amount and/or Return Amount, with or without (VM) or (IM), as the case may for the time being be”.

Don’t thank the JC: thank ISDA’s crack drafting squad™ for giving the JC the opportunity to come up with such a wonderful affordance, to make the world a better place. As with so much on this wiki, it would not have been possible without those wily old torturers on hand to crucify the innocent, peace-loving and ordinarily elegant English language, allowing old Don Quixote here to come tilting in to on his charger to sort these old windbags[1] out.

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See also

Template:Csa Transfer Amount sa

References

  1. Windmills, surely? — Ed.