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A party’s “'''{{ | A party’s “'''{{csaprov|Exposure}}'''” means the amount it would pay (a positive {{csaprov|Exposure}}) or receive (a negative {{isdaprov|Exposure}}) if all {{csaprov|Covered Transactions}} other than the CSA were terminated following a {{isdaprov|Termination Event}} where the other party was the {{isdaprov|One Affected Party}}, the {{csaprov|Base Currency}} was the {{isdaprov|Termination Currency}}; and the Valuation Agent made the relevant valuations on the party’s behalf using mid-market estimates of the amounts that would required under the relevant {{isdama}}. <br> |