3(c)(ii) “
Margin Amount (IA)” means, for any
Calculation Date (IM) and a posting obligation of a
Chargor, the
Base Currency Equivalent of an amount equal to the sum of the Independent Amounts (as defined in any
Other CSA) applicable to the
Chargor and any other amounts applicable to the
Chargor (other than any amounts in respect of
Margin Amount (IM) or Exposure), however described, intended by the parties to operate as an Independent Amount, if any, after taking into account any relevant Threshold applicable to the
Chargor and any other relevant amounts applicable to the
Chargor, however described, intended by the parties to operate as a Threshold but prior to giving effect to any other applicable deduction, discharge or netting of such amounts, under or in relation to the Agreement, as determined and reported by the party responsible for calculating such amounts. For the avoidance of doubt, in order to determine the amounts “applicable to the
Chargor” for the purposes hereof, the parties will take into account the effect of any conditions precedent applicable to such amounts.