Template:M comp disc 2002 ISDA Threshold Amount: Difference between revisions
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Amwelladmin (talk | contribs) Created page with "Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{csaprove|Exposure}} beyond which one must start posting variation margin — the {{isdaprov|Threshold Amount}} is a level relevant to the calculation of the {{isdaprov|Cross Default}} {{isdaprov|Event of Default}} - it is the aggregate principle amount of {{isdaprov|Specified Indebtedness}} one must have defaulted on to permit one’s counterparty to clo..." |
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Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{ | Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{csaprov|Exposure}} beyond which one must start posting [[variation margin]] — the {{isdaprov|Threshold Amount}} is a level relevant to the calculation of the {{isdaprov|Cross Default}} {{isdaprov|Event of Default}} - it is the aggregate principle amount of {{isdaprov|Specified Indebtedness}} one must have defaulted on to permit one’s counterparty to close you out. | ||
Revision as of 11:17, 23 June 2023
Not to be confused with Threshold in the 1995 CSA and all its varieties — being the amount of gross Exposure beyond which one must start posting variation margin — the Threshold Amount is a level relevant to the calculation of the Cross Default Event of Default - it is the aggregate principle amount of Specified Indebtedness one must have defaulted on to permit one’s counterparty to close you out.