Template:Nutshell 2018 CSD 3(c)(ii): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{imcsdprov|3(c)(ii)}} A {{imcsdprov|Chargor}}’s “'''{{imcsdprov|Margin Amount (IA)}}'''” is the {{imcsdprov|Base Currency Equivalent}} of all its {{vmcsaprov|Independen..." |
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{{imcsdprov|3(c)(ii)}} A {{imcsdprov|Chargor}}’s “'''{{imcsdprov|Margin Amount (IA)}}'''” is the {{imcsdprov|Base Currency Equivalent}} of all its {{vmcsaprov|Independent Amounts}} or equivalents (beyond any {{imcsdprov|Margin Amount (IM)}} or {{vmcsaprov|Exposure}}) in any {{imcsdprov|Other CSA}} in any other document, over any relevant thresholds the parties may have agreed but otherwise without deduction or set-off, as determined by the relevant [[calculation agent]]. | {{imcsdprov|3(c)(ii)}} A {{imcsdprov|Chargor}}’s “'''{{imcsdprov|Margin Amount (IA)}}'''” is the {{imcsdprov|Base Currency Equivalent}} of all its {{vmcsaprov|Independent Amounts}} or equivalents (beyond any {{imcsdprov|Margin Amount (IM)}} or {{vmcsaprov|Exposure}}) in any {{imcsdprov|Other CSA}} in any other document, over any relevant thresholds the parties may have agreed but otherwise without deduction or set-off, as determined by the relevant [[calculation agent]]. <br> | ||
Revision as of 11:03, 5 March 2021
3(c)(ii) A Chargor’s “Margin Amount (IA)” is the Base Currency Equivalent of all its Independent Amounts or equivalents (beyond any Margin Amount (IM) or Exposure) in any Other CSA in any other document, over any relevant thresholds the parties may have agreed but otherwise without deduction or set-off, as determined by the relevant calculation agent.