Template:ISDA English Law Credit Support Annex 1995 Value: Difference between revisions

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(Created page with ""'''{{csaprov|Value}}'''" means, for any {{csaprov|Valuation Date}} or other date for which {{csaprov|Value}} is calculated, and subject to <br>Paragraph {{csaprov|4}} in the ...")
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Revision as of 15:27, 17 October 2012

"Value" means, for any Valuation Date or other date for which Value is calculated, and subject to
Paragraph 4 in the case of a dispute, with respect to:

(i) Eligible Credit Support comprised in a Credit Support Balance that is:
(A) an amount of cash, the Base Currency Equivalent of such amount multiplied by
the applicable Valuation Percentage, if any; and
(B) a security, the Base Currency Equivalent of the bid price obtained by the
Valuation Agent multiplied by the applicable Valuation Percentage, if any; and
(ii) items that are comprised in a Credit Support Balance and are not Eligible Credit Support,
zero.