Template:ISDA English Law Credit Support Annex 2016 Valuation Time: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
Line 1: Line 1:
“'''{{csaprov|Valuation Time}}'''” means, unless otherwise specified in Paragraph {{csaprov|11}}, the time as of which the {{csaprov|Valuation Agent}} computes its end of day valuations of derivatives transactions in the ordinary course of its business (or such other [[commercially reasonable]] convenient time on the relevant day as the {{csaprov|Valuation Agent}} may determine). <br />
“'''{{vmcsaprov|Valuation Time}}'''” means, unless otherwise specified in Paragraph {{vmcsaprov|11}}, the time as of which the {{vmcsaprov|Valuation Agent}} computes its end of day valuations of derivatives transactions in the ordinary course of its business (or such other [[commercially reasonable]] convenient time on the relevant day as the {{vmcsaprov|Valuation Agent}} may determine). <br />

Latest revision as of 13:12, 2 December 2019

Valuation Time” means, unless otherwise specified in Paragraph 11, the time as of which the Valuation Agent computes its end of day valuations of derivatives transactions in the ordinary course of its business (or such other commercially reasonable convenient time on the relevant day as the Valuation Agent may determine).