Template:ISDA English Law Credit Support Deed 2018 3(c)(i): Difference between revisions
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{{imcsdprov|3(c)(i)}} “'''{{imcsdprov|Margin Amount (IM)}}'''” means, for any {{imcsdprov|Calculation Date (IM)}} and a posting obligation of a {{imcsdprov|Chargor}} under a {{imcsdprov|Regime}}, the {{imcsdprov|Base Currency Equivalent}} of an amount equal to the sum of the initial margin amounts in respect of the {{imcsdprov|Covered Transactions (IM)}} determined using the {{imcsdprov|Method}} specified as applicable to such {{imcsdprov|Regime}} in Paragraph {{imcsdprov|13}}. | {{imcsdprov|3(c)(i)}} “'''{{imcsdprov|Margin Amount (IM)}}'''” means, for any {{imcsdprov|Calculation Date (IM)}} and a posting obligation of a {{imcsdprov|Chargor}} under a {{imcsdprov|Regime}}, the {{imcsdprov|Base Currency Equivalent}} of an amount equal to the sum of the initial margin amounts in respect of the {{imcsdprov|Covered Transactions (IM)}} determined using the {{imcsdprov|Method}} specified as applicable to such {{imcsdprov|Regime}} in Paragraph {{imcsdprov|13}}. <br> | ||
Latest revision as of 09:02, 19 April 2021
3(c)(i) “Margin Amount (IM)” means, for any Calculation Date (IM) and a posting obligation of a Chargor under a Regime, the Base Currency Equivalent of an amount equal to the sum of the initial margin amounts in respect of the Covered Transactions (IM) determined using the Method specified as applicable to such Regime in Paragraph 13.