Exposure - NY CSA Provision

From The Jolly Contrarian
Revision as of 22:16, 24 January 2020 by Amwelladmin (talk | contribs) (Created page with "{{nycsaanat|Exposure|1994|Exposure}}")
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search
1994 NY CSA Anatomy™


In a Nutshell Section Exposure:

Template:Nutshell 1994 NY CSA Exposure view template

1994 NY CSA full text of Section Exposure:

Exposure” means for any Valuation Date or other date for which Exposure is calculated and subject to Paragraph 5 in the case of a dispute, the amount, if any, that would be payable to a party that is the Secured Party by the other party (expressed as a positive number) or by a party that is the Secured Party to the other party (expressed as a negative number) pursuant to Section 6(e)(ii)(2)(A) of this Agreement as if all Transactions (or Swap Transactions) were being terminated as of the relevant Valuation Time; provided that Market Quotation will be determined by the Valuation Agent using its estimates at mid-market of the amounts that would be paid for Replacement Transactions (as that term is defined in the definition of “Market Quotation”).
view template

Related Agreements
Click here for the text of Section Exposure in the 2016 New York law CSA
Click here for the text of Section Exposure in the 1995 English Law CSA
Click here for the text of Section Exposure in the 2016 English Law VM CSA
Comparisons
Template:2nycsadiff Exposure
2016 VM CSA and 2016 NY Law VM CSA: click for comparison
1995 CSA and 2016 VM CSA: click for comparison

Tell me more
Sign up for our newsletter — or just get in touch: for ½ a weekly 🍺 you get to consult JC. Ask about it here.


Differences between CSA versions

Template:Nycsa capsule Exposure