Template:ISDA English Law Credit Support Annex 1995 5(c): Difference between revisions

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{{csaprov|5(c)}} '''{{csaprov|Distributions and Interest Amount}}'''. <br>
{{csaprov|5(c)}} '''{{csaprov|Distributions and Interest Amount}}'''. <br>
:(i) '''{{csaprov|Distributions}}'''. The {{csaprov|Transferee}} will transfer to the {{csaprov|Transferor}} not later than the Settlement <br>Day following each {{csaprov|Distributions Date}} cash, securities or other property of the same type, nominal <br>value, description and amount as the relevant {{csaprov|Distributions}} ("{{csaprov|Equivalent Distributions}}") to the <br>extent that a {{csaprov|Delivery Amount}} would not be created or increased by the transfer, as calculated by <br>the {{csaprov|Valuation Agent}} (and the date of calculation will be deemed a {{csaprov|Valuation Date}} for this purpose). <br>
:{{ISDA English Law Credit Support Annex 1995 5(c)(i)}}  
:(ii) '''{{csaprov|Interest Amount}}'''. Unless otherwise specified in Paragraph {{csaprov|11(f)(iii)}}, the {{csaprov|Transferee}} will <br>transfer to the {{csaprov|Transferor}} at the times specified in Paragraph {{csaprov|11(f)(ii)}} the relevant {{csaprov|Interest Amount}} <br>to the extent that a {{csaprov|Delivery Amount}} would not be created or increased by the transfer, as <br>calculated by the {{csaprov|Valuation Agent}} (and the date of calculation will be deemed a {{csaprov|Valuation Date}} for <br>this purpose). <br>
:{{ISDA English Law Credit Support Annex 1995 5(c)(ii)}}

Latest revision as of 12:05, 15 November 2016

5(c) Distributions and Interest Amount.

5(c)(i) Distributions. The Transferee will transfer to the Transferor not later than the Settlement Day following each Distributions Date cash, securities or other property of the same type, nominal value, description and amount as the relevant Distributions (“Equivalent Distributions”) to the extent that a Delivery Amount would not be created or increased by the transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed a Valuation Date for this purpose).
5(c)(ii) Interest Amount. Unless otherwise specified in Paragraph 11(f)(iii), the Transferee will transfer to the Transferor at the times specified in Paragraph 11(f)(ii) the relevant Interest Amount to the extent that a Delivery Amount would not be created or increased by the transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed a Valuation Date for this purpose).
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