Template:Nutshell GMRA 4(h): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{gmraprov|4(h)}} The parties may agree to disregard sub-paragraphs {{gmraprov|4(a)}} to {{gmraprov|4(g)}} and instead provide margin separately for any {{gmraprov|Transaction...") |
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{{gmraprov|4(h)}} The parties may agree to disregard sub-paragraphs {{gmraprov|4(a)}} to {{gmraprov|4(g)}} and instead provide margin separately for any {{gmraprov|Transaction}}. If so: | {{gmraprov|4(h)}} '''Alternatives to {{gmraprov|Margin Transfer}}''': The parties may agree to disregard sub-paragraphs {{gmraprov|4(a)}} to {{gmraprov|4(g)}} and instead provide margin separately for any {{gmraprov|Transaction}}. If so: | ||
:(i) that {{gmraprov|Transaction}} won’t count when calculating{{gmraprov|Net Exposure}}s; <br> | :(i) that {{gmraprov|Transaction}} won’t count when calculating{{gmraprov|Net Exposure}}s; <br> | ||
:(ii) the parties will agree separate margin terms for that {{gmraprov|Transaction}}; and | :(ii) the parties will agree separate margin terms for that {{gmraprov|Transaction}}; and | ||
:(iii) sub-paragraphs {{gmraprov|4(a)}} to {{gmraprov|4(g)}} won’t apply to that {{gmraprov|Transaction}}. <br> | :(iii) sub-paragraphs {{gmraprov|4(a)}} to {{gmraprov|4(g)}} won’t apply to that {{gmraprov|Transaction}}. <br> | ||
Latest revision as of 17:24, 29 June 2020
4(h) Alternatives to Margin Transfer: The parties may agree to disregard sub-paragraphs 4(a) to 4(g) and instead provide margin separately for any Transaction. If so:
- (i) that Transaction won’t count when calculatingNet Exposures;
- (ii) the parties will agree separate margin terms for that Transaction; and
- (iii) sub-paragraphs 4(a) to 4(g) won’t apply to that Transaction.