Template:Nutshell 2018 CSD 3(c)(iii)(B): Difference between revisions

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:(B) If the “'''{{imcsdprov|Allocated Margin Flow (IM/IA) Approach}}'''” applies the {{imcsdprov|Chargor}}’s “'''{{imcsdprov|Credit Support Amount (IM)}}'''” on any {{imcsdprov|Calculation Date (IM)}} will be its {{imcsdprov|Margin Amount (IM)}} minus its {{imcsdprov|Threshold (IM)}} (subject to a minimum of zero) and its posting obligation for {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced by that {{imcsdprov|Credit Support Amount (IM)}} (also subject to a minimum of zero). <br>
:(B) If the “'''{{imcsdprov|Allocated Margin Flow (IM/IA) Approach}}'''” applies the {{imcsdprov|Chargor}}’s “'''{{imcsdprov|Credit Support Amount (IM)}}'''” on any {{imcsdprov|Calculation Date (IM)}} will be Max[{{imcsdprov|Margin Amount (IM)}} - {{imcsdprov|Threshold (IM)}}, 0] and its posting obligation for {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced by that {{imcsdprov|Credit Support Amount (IM)}} (subject to a minimum of zero). <br>

Revision as of 15:34, 15 April 2021

(B) If the “Allocated Margin Flow (IM/IA) Approach” applies the Chargor’s “Credit Support Amount (IM)” on any Calculation Date (IM) will be Max[[[Margin Amount (IM) - IM CSD Provision|Margin Amount (IM)]] - Threshold (IM), 0] and its posting obligation for Margin Amount (IA) under any Other CSA will be reduced by that Credit Support Amount (IM) (subject to a minimum of zero).
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