Value - NY CSA Provision

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1994 ISDA Credit Support Annex (New York law)

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Value in a Nutshell

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Value in all its glory

Value” means for any Valuation Date or other date for which Value is calculated and subject to Paragraph 5 in the case of a dispute, with respect to:
(i) Eligible Collateral or Posted Collateral that is:
(A) Cash, the amount thereof; and
(B) a security, the bid price obtained by the Valuation Agent multiplied by the applicable Valuation Percentage, if any;
(ii) Posted Collateral that consists of items that are not specified as Eligible Collateral, zero; and
(iii) Other Eligible Support and Posted Support, as specified in Paragraph 13.

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Overview

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Summary

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See also

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References