Margin Amount (IM) - IM CSD Provision: Difference between revisions

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Revision as of 14:26, 20 April 2021

2018 ISDA Credit Support Deed (IM) (English law)
A Jolly Contrarian owner’s manual™

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Paragraph 3(c)(i) in a Nutshell

Use at your own risk, campers!
3(c)(i) A Chargor’s “Margin Amount (IM)” on a Calculation Date (IM) is the Base Currency Equivalent of the total initial margin required for the Covered Transactions (IM) in question, under the Method used by the Regime specified in Paragraph 13.

Full text of Paragraph 3(c)(i)

3(c)(i)Margin Amount (IM)” means, for any Calculation Date (IM) and a posting obligation of a Chargor under a Regime, the Base Currency Equivalent of an amount equal to the sum of the initial margin amounts in respect of the Covered Transactions (IM) determined using the Method specified as applicable to such Regime in Paragraph 13.

Related agreements and comparisons

Related Agreements
Click here for the text of Section NA in the 2016 ISDA VM CSA
Comparisons
Template:Csddiff 3(c)(i)

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Content and comparisons

Template:M comp disc 2018 CSD 3(c)(i)

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Summary

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See also

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References