2014 ISDA Credit Derivatives Definitions: Difference between revisions
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==Article 12 {{cddprov|Initial Payment Amount}}, Fixed Amounts And {{cddprov|Floating Rate Payer Calculation Amount}}== | ==Article 12 {{cddprov|Initial Payment Amount}}, Fixed Amounts And {{cddprov|Floating Rate Payer Calculation Amount}}== | ||
'''Section {{cddprov|12.1}} Initial Payment'''. If an {{cddprov|Initial Payment Payer}} and an {{cddprov|Initial Payment Amount}} are specified in the related Confirmation, the {{cddprov|Initial Payment Payer}} will pay to the other party an amount equal to the {{cddprov|Initial Payment Amount}} on the Initial Payment Date.<br> | '''Section {{cddprov|12.1}} Initial Payment'''. If an {{cddprov|Initial Payment Payer}} and an {{cddprov|Initial Payment Amount}} are specified in the related Confirmation, the {{cddprov|Initial Payment Payer}} will pay to the other party an amount equal to the {{cddprov|Initial Payment Amount}} on the Initial Payment Date.<br> |