Credit Support Agreement Without Court Template
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FAQ
Eligible Credit Support means, in respect of a Counterparty, cash and negotiable obligations, in each case denominated in an Eligible Currency, provided that securities used as Eligible Credit Support are not originated by or serviced by the Counterparty.
The Credit Support Amount is the Secured Party's Exposure plus Pledgor's Independent Amounts minus Secured Party's Independent Amounts minus the Pledgor's Threshold.
A credit support annex (CSA) is a document that defines the terms for the provision of collateral by the parties in derivatives transactions. It is one of four parts of a standard contract or master agreement developed by the International Swaps and Derivatives Association (ISDA).
A credit support annex (CSA) is a document that defines the terms for the provision of collateral by the parties in derivatives transactions. It is one of four parts of a standard contract or master agreement developed by the International Swaps and Derivatives Association (ISDA).
It is a Credit Support Document under the ISDA Master Agreement to which it relates. The Annex is an annex to the ISDA Master Agreement, relying for its effectiveness principally upon the netting provisions of the ISDA Master Agreement.