Template:Nutshell 2018 CSD 3(c)(iii)(B): Difference between revisions

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:(B) If the “'''{{imcsdprov|Allocated Margin Flow (IM/IA) Approach}}'''” applies:
:(B) If “'''{{imcsdprov|Allocated Margin Flow (IM/IA) Approach}}'''” applies: '''''Max <nowiki>[</nowiki>{{imcsdprov|Margin Amount (IM)}} - {{imcsdprov|Threshold (IM)}}, 0<nowiki>]</nowiki>''''' and its posting obligation for {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced by that {{imcsdprov|Credit Support Amount (IM)}} (subject to a minimum of zero). <br>
::(1) “'''{{imcsdprov|Credit Support Amount (IM)}}'''” means, with respect to the {{imcsdprov|Chargor}} on any {{imcsdprov|Calculation Date (IM)}} (i) its {{imcsdprov|Margin Amount (IM)}} minus (ii) its {{imcsdprov|Threshold (IM)}} subject to a minimum of zero.
::(2) The {{imcsdprov|Chargor}}’s posting obligation for any {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced by such {{imcsdprov|Credit Support Amount (IM)}} (subject also to a minimum of zero). <br>

Latest revision as of 09:37, 19 April 2021

(B) If “Allocated Margin Flow (IM/IA) Approach” applies: Max [Margin Amount (IM) - Threshold (IM), 0] and its posting obligation for Margin Amount (IA) under any Other CSA will be reduced by that Credit Support Amount (IM) (subject to a minimum of zero).
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