Template:ISDA English Law Credit Support Annex 2016 Distributions Date: Difference between revisions
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“'''{{vmcsaprov|Distributions Date}}'''” means, with respect to any {{vmcsaprov|Eligible Credit Support (VM)}} comprised in the {{vmcsaprov|Credit Support Balance (VM)}} other than cash, each date on which a holder of such {{vmcsaprov|Eligible Credit Support (VM)}} is entitled to receive {{vmcsaprov| | “'''{{vmcsaprov|Distributions Date}}'''” means, with respect to any {{vmcsaprov|Eligible Credit Support (VM)}} comprised in the {{vmcsaprov|Credit Support Balance (VM)}} other than cash, each date on which a holder of such {{vmcsaprov|Eligible Credit Support (VM)}} is entitled to receive {{vmcsaprov|Distributions}} or, if that date is not a {{vmcsaprov|Local Business Day}}, the next following {{vmcsaprov|Local Business Day}}.<br> | ||
Latest revision as of 23:04, 21 December 2019
“Distributions Date” means, with respect to any Eligible Credit Support (VM) comprised in the Credit Support Balance (VM) other than cash, each date on which a holder of such Eligible Credit Support (VM) is entitled to receive Distributions or, if that date is not a Local Business Day, the next following Local Business Day.