Use-case Definition: Review of Close Out Events in ISDA documentation to determine and manage the risks of early terminations as well as the ability to pinpoint certain data points in order to undertake a regulatory review of existing documentation 

Extractor Name

Extract 4 Only?

Definition

Sample of Extracted Data Point  (* result normalised)

Sample of Context (for Analysing models)

Chaining Recommendation

Date - date only (ISDA Credit Support Annex)

Extract 4 only

Finds the specific date of the ISDA credit support annex, commonly found on the first page.

2017-07-12 *

dated July 12, 2017

Position 1 in the ISDA CSA Date chain

Date (ISDA Credit Support Annex)

N/A

Finds the date of the ISDA Credit Support Annex.

dated July 12, 2017

N/A

Position 2 in the ISDA CSA Date chain

Eligible collateral / credit support - definition (ISDA Credit Support Annex)

N/A

Finds the types of collateral, their maturities (if applicable) and valuation percentages with respect to such collateral that applies to each party under the ISDA Credit Support Annex.

Eligible Credit Support and Valuation Percentages. The items listed in Appendix A Part 1 will qualify as "Eligible Credit Support" for Party A with respect to Fitch and the items listed in Appendix A Part 2 will qualify as "Eligible Credit Support" for Party A with respect Moody’s.

N/A


Eligible currency - definition (ISDA Credit Support Annex)

N/A

Finds the eligible currency specified by the parties under the English Law ISDA Credit Support Annex.

(ii) “Eligible Currency ”means United States Dollars (U.S. $)

N/A


Governing law - governing law only (ISDA Credit Support Annex)

Extract 4 only

Finds the specific governing law of the ISDA Credit Support Annex.

United States | New York *

(ISDA Agreement Subject to New York Law)

Position 2 in the ISDA Governing law chain

Governing law (ISDA Credit Support Annex)

N/A

Finds the governing law of the ISDA Credit Support Annex.

(ISDA Agreement Subject to New York Law)

N/A

Position 1 in the ISDA Governing law chain

Independent amount - definition (ISDA Credit Support Annex)

N/A

Finds the independent amount specified with respect to each party under the ISDA Credit Support Annex.

" Independent Amount" means, for Party A and Party B, with respect to each Transaction, zero.

N/A


Parties - parties with roles only (ISDA Credit Support Annex)

Extract 4 only

Finds the specific definition, name and company number of the parties to the ISDA Credit Support Annex.

Name: WAGON BANK, N.A | Definition: "Party A" | Number: | Address:

Name: VRZ III, LLC | Definition: "Party B" | Number: | Address:

WAGON BANK, N.A. and (“Party A”) VRZ III, LLC (“Party B”)