Template:ISDA English Law Credit Support Annex 1995 11(c)(iii): Difference between revisions

Revision as of 10:41, 29 October 2012

11(c)(iii) "Valuation Time" means:

[ ] the close of business in the place of location of the Valuation Agent on the
Valuation Date or date of calculation, as applicable;

[ ] the close of business on the Local Business Day immediately preceding the
Valuation Date or date of calculation, as applicable;

provided that the calculations of Value and Exposure will, as far as practicable, be made as of
approximately the same time on the same date.

@@ Line 1: / Line 1: @@
-{{csaprov|11(c)(iii)}} "'''{{csaprov|Valuation Time}}'''" means:
+:{{csaprov|11(c)(iii)}} "'''{{csaprov|Valuation Time}}'''" means:
-:[ ] the close of business in the place of location of the {{csaprov|Valuation Agent}} on the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br>
+::[ ] the close of business in the place of location of the {{csaprov|Valuation Agent}} on the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br>
-:[ ] the close of business on the {{csaprov|Local Business Day}} immediately preceding the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br>
+::[ ] the close of business on the {{csaprov|Local Business Day}} immediately preceding the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br>
-''provided that'' the calculations of {{csaprov|Value}} and {{csaprov|Exposure}} will, as far as practicable, be made as of <br>approximately the same time on the same date. <br>
+:''provided that'' the calculations of {{csaprov|Value}} and {{csaprov|Exposure}} will, as far as practicable, be made as of <br>approximately the same time on the same date. <br>