Template:Nutshell GMRA 4(c): Difference between revisions
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Amwelladmin (talk | contribs) m Amwelladmin moved page Template:Nutshell GMRA Net Exposure to Template:Nutshell GMRA 4(c) |
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Revision as of 15:20, 29 June 2020
4(c) A party’s Net Exposure to the other party is the excess of:
- (A) the total of its Transaction Exposures plus any Income Payments the other party owes minus the Net Margin provided to it by the other party, over
- (B) the total of the other party's Transaction Exposures plus any Income Payments it owes the other party minus any Net Margin it provided to the other party;
converting amounts into the Base Currency at the prevailing Spot Rate where necessary.