Template:ISDA English Law Credit Support Annex 1995 Credit Support Balance

From The Jolly Contrarian
Revision as of 14:41, 26 October 2012 by Amwelladmin (talk | contribs)
Jump to navigation Jump to search

"Credit Support Balance" means, with respect to a Transferor on a Valuation Date, the aggregate of all
Eligible Credit Support that has been transferred to or received by the Transferee under this Annex,
together with any Distributions and all proceeds of any such Eligible Credit Support or Distributions, as
reduced pursuant to Paragraph 2(b), 3(c)(ii) or 6. Any Equivalent Distributions or Interest Amount (or
portion of either) not transferred pursuant to Paragraph 5(c)(i) or 5(c)(ii) will form part of the Credit Support
Balance.