Template:ISDA English Law Credit Support Annex 1995 5(c)(i): Difference between revisions
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{{csaprov|5(c)(i)}} '''{{csaprov|Distributions}}'''. The {{csaprov|Transferee}} will transfer to the {{csaprov|Transferor}} not later than the Settlement Day following each {{csaprov|Distributions Date}} cash, securities or other property of the same type, nominal value, description and amount as the relevant {{csaprov|Distributions}} (“'''{{csaprov|Equivalent Distributions}}''' | {{csaprov|5(c)(i)}} '''{{csaprov|Distributions}}'''. The {{csaprov|Transferee}} will transfer to the {{csaprov|Transferor}} not later than the Settlement Day following each {{csaprov|Distributions Date}} cash, securities or other property of the same type, nominal value, description and amount as the relevant {{csaprov|Distributions}} (“'''{{csaprov|Equivalent Distributions}}'''”) to the extent that a {{csaprov|Delivery Amount}} would not be created or increased by the transfer, as calculated by the {{csaprov|Valuation Agent}} (and the date of calculation will be deemed a {{csaprov|Valuation Date}} for this purpose). | ||
Latest revision as of 09:20, 6 January 2020
5(c)(i) Distributions. The Transferee will transfer to the Transferor not later than the Settlement Day following each Distributions Date cash, securities or other property of the same type, nominal value, description and amount as the relevant Distributions (“Equivalent Distributions”) to the extent that a Delivery Amount would not be created or increased by the transfer, as calculated by the Valuation Agent (and the date of calculation will be deemed a Valuation Date for this purpose).