Template:ISDA English Law Credit Support Annex 1995 3(b): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{csaprov|3(b)}} '''{{csaprov|Calculations}}'''. All calculations of {{csaprov|Value}} and {{csaprov|Exposure}} for purposes of Paragraphs {{csaprov|2}} and {{csaprov|4(a)}} w...") |
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{{csaprov|3(b)}} '''{{csaprov|Calculations}}'''. All calculations of {{csaprov|Value}} and {{csaprov|Exposure}} for purposes of Paragraphs {{csaprov|2}} and {{csaprov|4(a)}} will | {{csaprov|3(b)}} '''{{csaprov|Calculations}}'''. All calculations of {{csaprov|Value}} and {{csaprov|Exposure}} for purposes of Paragraphs {{csaprov|2}} and {{csaprov|4(a)}} will be made by the relevant {{csaprov|Valuation Agent}} as of the relevant {{csaprov|Valuation Time}}. The {{csaprov|Valuation Agent}} will notify each party (or the other party, if the {{csaprov|Valuation Agent}} is a party) of its calculations not later than the {{csaprov|Notification Time}} on the {{csaprov|Local Business Day}} following the applicable {{csaprov|Valuation Date}} (or, in the case of Paragraph {{csaprov|4(a)}}, following the date of calculation).<br> | ||
Latest revision as of 16:43, 12 January 2017
3(b) Calculations. All calculations of Value and Exposure for purposes of Paragraphs 2 and 4(a) will be made by the relevant Valuation Agent as of the relevant Valuation Time. The Valuation Agent will notify each party (or the other party, if the Valuation Agent is a party) of its calculations not later than the Notification Time on the Local Business Day following the applicable Valuation Date (or, in the case of Paragraph 4(a), following the date of calculation).