Valuation and Timing - CSA Provision: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
Line 1: Line 1:
{{csasnap|11(c)|11(d)}}
{{csaanat|11(c)|1995}}
{{1995 CSA Section 11(c) TOC}}
{{1995 CSA Section 11(c) TOC}}
{{anat|csa}}

Revision as of 13:14, 2 December 2019

ISDA 1995 English Law Credit Support Annex


In a Nutshell Section 11(c):

Template:Nutshell 1995 CSA 11(c) view template

1995 CSA full text of Section 11(c):

11(c) Valuation and Timing.

11(c)(i)Valuation Agent” means, for purposes of Paragraphs 2 and 4, the party making the demand under Paragraph 2, and, for purposes of Paragraph 5(c), the Transferee, as applicable, unless otherwise specified here: ...
11(c)(ii)Valuation Date” means: ...
11(c)(iii)Valuation Time” means:
[ ] the close of business in the place of location of the Valuation Agent on the Valuation Date or date of calculation, as applicable;
[ ] the close of business on the Local Business Day immediately preceding the Valuation Date or date of calculation, as applicable;
provided that the calculations of Value and Exposure will, as far as practicable, be made as of approximately the same time on the same date.
11(c)(iv)Notification Time” means 1:00 p.m., London time, on a Local Business Day, unless otherwise specified here: ...

view template

Related Agreements
Click here for the text of Section 11(c) in the 1995 English Law CSA
Click here for the text of Section 11(c) in the 2016 English Law VM CSA
Click [[{{{3}}} - NY VM CSA Provision|here]] for the text of the equivalent, Section [[{{{3}}} - NY VM CSA Provision|{{{3}}}]] in the 2016 NY Law VM CSA
Comparisons
Template:Csadiff 11(c)
{{nycsadiff {{{3}}}}}

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you.
Sign up for our newsletter.


Paragraph 11(c): Valuation and Timing

Paragraph 11(c)(i): Valuation Agent
Paragraph 11(c)(ii): Valuation Date
Paragraph 11(c)(iii): Valuation Time
Paragraph 11(c)(iv): Notification Time