Template:ISDA English Law Credit Support Annex 1995 11(c)(iii): Difference between revisions
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:{{csaprov|11(c)(iii)}} "'''{{csaprov|Valuation Time}}''' | :{{csaprov|11(c)(iii)}} "'''{{csaprov|Valuation Time}}'''” means: | ||
::[ ] the close of business in the place of location of the {{csaprov|Valuation Agent}} on the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br> | ::[ ] the close of business in the place of location of the {{csaprov|Valuation Agent}} on the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br> | ||
::[ ] the close of business on the {{csaprov|Local Business Day}} immediately preceding the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br> | ::[ ] the close of business on the {{csaprov|Local Business Day}} immediately preceding the <br>{{csaprov|Valuation Date}} or date of calculation, as applicable; <br> | ||
:''provided that'' the calculations of {{csaprov|Value}} and {{csaprov|Exposure}} will, as far as practicable, be made as of <br>approximately the same time on the same date. <br> | :''provided that'' the calculations of {{csaprov|Value}} and {{csaprov|Exposure}} will, as far as practicable, be made as of <br>approximately the same time on the same date. <br> | ||
Revision as of 21:03, 17 September 2016
- 11(c)(iii) "Valuation Time” means:
- [ ] the close of business in the place of location of the Valuation Agent on the
Valuation Date or date of calculation, as applicable; - [ ] the close of business on the Local Business Day immediately preceding the
Valuation Date or date of calculation, as applicable;
- [ ] the close of business in the place of location of the Valuation Agent on the
- provided that the calculations of Value and Exposure will, as far as practicable, be made as of
approximately the same time on the same date.