Template:ISDA New York Law Credit Support Annex 2016 12: Difference between revisions

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===Paragraph {{nyvmcsaprov|12}} '''{{nyvmcsaprov|Definitions}}'''===
===Paragraph {{nyvmcsaprov|12}} '''{{nyvmcsaprov|Definitions}}'''===
As used in this Annex:—<br>
As used in this Annex:—<br>
“'''{{nyvmcsaprov|Base Currency}}'''” means the currency specified as such in Paragraph {{nyvmcsaprov|13}}.<br>
{{ISDA New York Law Credit Support Annex 2016|Base Currency}}
“'''{{nyvmcsaprov|Base Currency Equivalent}}'''” means, with respect to an amount on a {{nyvmcsaprov|Valuation Date}}, in the case of an amount denominated in the {{nyvmcsaprov|Base Currency}}, such {{nyvmcsaprov|Base Currency}} amount and, in the case of an amount denominated in a currency other than the {{nyvmcsaprov|Base Currency}} (the “'''{{nyvmcsaprov|Other Currency}}'''”), the amount of {{nyvmcsaprov|Base Currency}} required to purchase such amount of the Other Currency at the spot exchange rate on such {{nyvmcsaprov|Valuation Date}} as determined by the {{nyvmcsaprov|Valuation Agent}}.<br>
{{ISDA New York Law Credit Support Annex 2016|Base Currency Equivalent}}
“'''{{nyvmcsaprov|Cash}}'''” means, respectively, the {{nyvmcsaprov|Base Currency}} and each other {{nyvmcsaprov|Eligible Currency}}. <br>
{{ISDA New York Law Credit Support Annex 2016|Cash}}
“'''{{nyvmcsaprov|Covered Transaction}}'''” has the meaning specified in Paragraph {{nyvmcsaprov|13}}.<br>
{{ISDA New York Law Credit Support Annex 2016|Covered Transaction}}
“'''{{nyvmcsaprov|Credit Support Eligibility Condition (VM)}}'''” means, with respect to any item specified for a party as {{nyvmcsaprov|Eligible Collateral (VM)}} in Paragraph {{nyvmcsaprov|13}}, any condition specified for that item in Paragraph {{nyvmcsaprov|13}}.<br>
{{ISDA New York Law Credit Support Annex 2016|Credit Support Eligibility Condition (VM)}}
“'''{{nyvmcsaprov|Custodian (VM)}}'''” has the meaning specified in Paragraphs 6(b)(i) and 13. <br>
{{ISDA New York Law Credit Support Annex 2016|Custodian (VM)}}
“'''{{nyvmcsaprov|Delivery Amount (VM)}}'''” has the meaning specified in Paragraph 3(a).<br>
{{ISDA New York Law Credit Support Annex 2016|Delivery Amount (VM)}}
“'''{{nyvmcsaprov|Delivery Amount Reduction (VM)}}'''” has the meaning specified in Paragraph 6(d)(ii)(A)(II). <br>
{{ISDA New York Law Credit Support Annex 2016|Delivery Amount Reduction (VM)}}
“'''{{nyvmcsaprov|Disputing Party}}'''” has the meaning specified in Paragraph 5.<br>
{{ISDA New York Law Credit Support Annex 2016|Disputing Party}}
{{ISDA New York Law Credit Support Annex 2016|Distributions}}
{{ISDA New York Law Credit Support Annex 2016|Eligible Collateral (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Eligible Credit Support (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Eligible Currency}}
{{ISDA New York Law Credit Support Annex 2016|Eligible Return Amount (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Exposure}}
{{ISDA New York Law Credit Support Annex 2016|Fungible Credit Support Type}}
{{ISDA New York Law Credit Support Annex 2016|FX Haircut Percentage}}
{{ISDA New York Law Credit Support Annex 2016|Interest Adjustment Reduction Amount (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Interest Amount (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Interest Payee (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Interest Payer (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Interest Payment (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Interest Period}}
{{ISDA New York Law Credit Support Annex 2016|Interest Rate (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Legal Eligibility Requirements}}
{{ISDA New York Law Credit Support Annex 2016|Local Business Day}}
{{ISDA New York Law Credit Support Annex 2016|Minimum Transfer Amount}}
{{ISDA New York Law Credit Support Annex 2016|Notification Time}}
{{ISDA New York Law Credit Support Annex 2016|Obligations}}
{{ISDA New York Law Credit Support Annex 2016|Other CSA}}
{{ISDA New York Law Credit Support Annex 2016|Other CSA Excluded Credit Support}}
{{ISDA New York Law Credit Support Annex 2016|Other Eligible Support (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Other Posted Support (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Pledgor}}
{{ISDA New York Law Credit Support Annex 2016|Posted Collateral (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Posted Credit Support (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Recalculation Date}}
{{ISDA New York Law Credit Support Annex 2016|Regular Settlement Day}}
{{ISDA New York Law Credit Support Annex 2016|Resolution Time}}
{{ISDA New York Law Credit Support Annex 2016|Return Amount (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Return Amount Reduction (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Secured Party}}
{{ISDA New York Law Credit Support Annex 2016|Set-off}}
{{ISDA New York Law Credit Support Annex 2016|Specified Condition}}
{{ISDA New York Law Credit Support Annex 2016|Substitute Credit Support (VM)}}
{{ISDA New York Law Credit Support Annex 2016|Substitution Date}}
{{ISDA New York Law Credit Support Annex 2016|Total Ineligibility Date}}
{{ISDA New York Law Credit Support Annex 2016|Transfer}}
{{ISDA New York Law Credit Support Annex 2016|Transfer Ineligibility Date}}
{{ISDA New York Law Credit Support Annex 2016|Valuation Agent}}
{{ISDA New York Law Credit Support Annex 2016|Valuation Date}}
{{ISDA New York Law Credit Support Annex 2016|Valuation Date Location}}
{{ISDA New York Law Credit Support Annex 2016|Valuation Percentage}}
{{ISDA New York Law Credit Support Annex 2016|Valuation Time}}
{{ISDA New York Law Credit Support Annex 2016|Value}}
“'''{{nyvmcsaprov|Distributions}}'''” means with respect to {{nyvmcsaprov|Posted Collateral (VM)}} other than {{nyvmcsaprov|Cash}}, all principal, interest and other payments and distributions of {{nyvmcsaprov|Cash}} or other property with respect thereto, regardless of whether the {{nyvmcsaprov|Secured Party}} has disposed of that {{nyvmcsaprov|Posted Collateral (VM)}} under Paragraph 6(c). {{nyvmcsaprov|Distributions}} will not include any item of property acquired by the {{nyvmcsaprov|Secured Party}} upon any disposition or liquidation of {{nyvmcsaprov|Posted Collateral (VM)}} or, with respect to any {{nyvmcsaprov|Posted Collateral (VM)}} in the form of {{nyvmcsaprov|Cash}}, any distributions on that collateral, unless otherwise specified herein.<br>
“'''{{nyvmcsaprov|Distributions}}'''” means with respect to {{nyvmcsaprov|Posted Collateral (VM)}} other than {{nyvmcsaprov|Cash}}, all principal, interest and other payments and distributions of {{nyvmcsaprov|Cash}} or other property with respect thereto, regardless of whether the {{nyvmcsaprov|Secured Party}} has disposed of that {{nyvmcsaprov|Posted Collateral (VM)}} under Paragraph 6(c). {{nyvmcsaprov|Distributions}} will not include any item of property acquired by the {{nyvmcsaprov|Secured Party}} upon any disposition or liquidation of {{nyvmcsaprov|Posted Collateral (VM)}} or, with respect to any {{nyvmcsaprov|Posted Collateral (VM)}} in the form of {{nyvmcsaprov|Cash}}, any distributions on that collateral, unless otherwise specified herein.<br>
“'''{{nyvmcsaprov|Eligible Collateral (VM)}}'''” has the meaning specified in Paragraph {{nyvmcsaprov|13}}.<br>
“'''{{nyvmcsaprov|Eligible Collateral (VM)}}'''” has the meaning specified in Paragraph {{nyvmcsaprov|13}}.<br>
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