Template:ISDA English Law Credit Support Annex 1995 Credit Support Amount: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with ""{{csaprov|Credit Support Amount}}" means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, (i) the {{csaprov|Transferee}}’s <br>{{csaprov|Exposure}...") |
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"{{csaprov|Credit Support Amount}}" means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, (i) the {{csaprov|Transferee}}’s <br>{{csaprov|Exposure}} plus (ii) all {{csaprov|Independent Amounts}} applicable to the {{csaprov|Transferor}}, if any, minus (iii) all [[Independent Amount - CSA Provision|Independent]] <br>[[Independent Amount - CSA Provision|Amounts]] applicable to the {{csaprov|Transferee}}, if any, minus (iv) the {{csaprov|Transferor}}'s {{csaprov|Threshold}}; provided, however, <br>that the {{csaprov|Credit Support Amount}} will be deemed to be zero whenever the calculation of Credit Support <br>Amount yields a number less than zero. | "'''{{csaprov|Credit Support Amount}}'''" means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, (i) the {{csaprov|Transferee}}’s <br>{{csaprov|Exposure}} plus (ii) all {{csaprov|Independent Amounts}} applicable to the {{csaprov|Transferor}}, if any, minus (iii) all [[Independent Amount - CSA Provision|Independent]] <br>[[Independent Amount - CSA Provision|Amounts]] applicable to the {{csaprov|Transferee}}, if any, minus (iv) the {{csaprov|Transferor}}'s {{csaprov|Threshold}}; provided, however, <br>that the {{csaprov|Credit Support Amount}} will be deemed to be zero whenever the calculation of Credit Support <br>Amount yields a number less than zero. | ||
Revision as of 14:51, 17 October 2012
"Credit Support Amount" means, with respect to a Transferor on a Valuation Date, (i) the Transferee’s
Exposure plus (ii) all Independent Amounts applicable to the Transferor, if any, minus (iii) all Independent
Amounts applicable to the Transferee, if any, minus (iv) the Transferor's Threshold; provided, however,
that the Credit Support Amount will be deemed to be zero whenever the calculation of Credit Support
Amount yields a number less than zero.