Template:ISDA English Law Credit Support Annex 2016 11(c): Difference between revisions
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::(B) “'''{{vmcsaprov|Return Amount (VM)}}'''” has the meaning specified in Paragraph 2(b), unless otherwise specified here: [...] | ::(B) “'''{{vmcsaprov|Return Amount (VM)}}'''” has the meaning specified in Paragraph 2(b), unless otherwise specified here: [...] | ||
:{{vmcsaprov|11(c)(ii)}} '''{{vmcsaprov|Eligible Credit Support (VM)}}''': Subject to Paragraph {{vmcsaprov|9(e)}}, if applicable, and each {{vmcsaprov|Credit Support Eligibility Condition (VM)}} applicable to it specified in Paragraph {{vmcsaprov|11}}, [[if any]], the following items will qualify as “{{vmcsaprov|Eligible Credit Support (VM)}}” for the party specified (as the {{vmcsaprov|Transferor}}): | :{{vmcsaprov|11(c)(ii)}} '''{{vmcsaprov|Eligible Credit Support (VM)}}''': Subject to Paragraph {{vmcsaprov|9(e)}}, if applicable, and each {{vmcsaprov|Credit Support Eligibility Condition (VM)}} applicable to it specified in Paragraph {{vmcsaprov|11}}, [[if any]], the following items will qualify as “{{vmcsaprov|Eligible Credit Support (VM)}}” for the party specified (as the {{vmcsaprov|Transferor}}): | ||
{{tabletopalign|align=left|width=80|background=white|left margin=20|right margin= | {{tabletopalign|align=left|width=80|background=white|left margin=20|right margin=10}} | ||
{{cellwidth|32}} | {{cellwidth|32}} | ||
{{cellwidth|17}}'''Party A''' | {{cellwidth|17}}'''Party A''' | ||
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{{tablebottom}} | {{tablebottom}} | ||
:{{vmcsaprov|11(c)(iii)}} '''{{vmcsaprov|Legally Ineligible Credit Support (VM)}}'''. The provisions of Paragraph {{vmcsaprov|9(e)}} will not apply to the [party/parties] specified here (as the Transferee): | :{{vmcsaprov|11(c)(iii)}} '''{{vmcsaprov|Legally Ineligible Credit Support (VM)}}'''. The provisions of Paragraph {{vmcsaprov|9(e)}} will not apply to the [party/parties] specified here (as the Transferee): | ||
:[ ] Party A | :[...] Party A | ||
:[ ] Party B | :[...] Party B |
Revision as of 09:38, 7 January 2020
11(c) Credit Support Obligations
- 11(c)(i) Delivery Amount (VM) and Return Amount (VM)
- (A) “Delivery Amount (VM)” has the meaning specified in Paragraph 2(a), unless otherwise specified here: [...]
- (B) “Return Amount (VM)” has the meaning specified in Paragraph 2(b), unless otherwise specified here: [...]
- 11(c)(ii) Eligible Credit Support (VM): Subject to Paragraph 9(e), if applicable, and each Credit Support Eligibility Condition (VM) applicable to it specified in Paragraph 11, if any, the following items will qualify as “Eligible Credit Support (VM)” for the party specified (as the Transferor):
Party A | Valuation Percentage | Party B | Valuation Percentage | |
(A) Cash in an Eligible Currency | [...] | [...]% | [...] | [...]% |
(B) Other | [...] | [...]% | [...] | [...]% |
- 11(c)(iii) Legally Ineligible Credit Support (VM). The provisions of Paragraph 9(e) will not apply to the [party/parties] specified here (as the Transferee):
- [...] Party A
- [...] Party B