Transferor - VM CSA Provision: Difference between revisions

Transferor - VM CSA Provision (view source)

1,084 bytes removed , 17 January 2020

Replaced content with "{{csaanat|Transferor|2016|Pledgor}} {{csa transferor and pledgor}} {{sa}} *{{nyvmcsaprov|Pledgor}} {{ref}}"

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 {{csaanat|Transferor|2016|Pledgor}}
 {{csa transferor and pledgor}}
-==={{ukcsa}}s===
-To only a [[lawyer]] would it occur to even ''define'' an idea as self-explanatory as a “{{vmcsaprov|transferor}}”, and to only [[ISDA]] would it occur to define it quite so obliquely. So helplessly. So ''unenlighteningly''. If you were an alien, just recently arrived to say a big hello to the people of planet Earth, and you were thumbing through your Berlitz{{tm}} Alpha-Centauri/English phrasebook for a sense of what a transferor might be, we think you would be a bit disappointed if it said, “if we’re talking about a {{vmcsaprov|transferee}} — well, not ''that'' guy.”
-=={{nycsa}}s===
-In the {{sfca}} world of the {{nycsa}} one speaks not of {{vmcsaprov|Transferor}} and {{vmcsaprov|Transferee}}, but of {{nyvmcsaprov|Pledgor}} and {{nyvmcsaprov|Secured Party}}, whose definitions are less obtuse, but do invite one on the kind of [[definitional wild goose chase]] that is tremendously ennervating when your counterparty is corkscrewing into the side of a hill, the world is on flames, and the head of risk is calling you every fourteen seconds.
 {{sa}}
 *{{nyvmcsaprov|Pledgor}}
 {{ref}}