Base Currency Equivalent - VM CSA Provision

2016 VM CSA Anatomy™ Go Premium In a Nutshell™ Section Base Currency Equivalent: “Base Currency Equivalent” of an amount in a currency other than the Base Currency (the “Other Currency”) is the amount of Base Currency the Valuation Agent determines is needed to buy that Other Currency amount at the prevailing spot exchange rate on the Valuation Date. view template 2016 VM CSA full text of Section Base Currency Equivalent: “Base Currency Equivalent” means, with respect to an amount on a Valuation Date, in the case of an amount denominated in the Base Currency, such Base Currency amount and, in the case of an amount denominated in a currency other than the Base Currency (the “Other Currency”), the amount of Base Currency required to purchase such amount of the Other Currency at the spot exchange rate on such Valuation Date as determined by the Valuation Agent. view template Related Agreements Click here for the text of Section Base Currency Equivalent in the 1995 English Law CSA Click here for the text of Section Base Currency Equivalent in the 2016 English Law VM CSA Click here for the text of the equivalent, Section Base Currency Equivalent in the 2016 NY Law VM CSA Comparisons 1995 CSA and 2016 VM CSA: click for comparison Template:Nycsadiff Base Currency Equivalent Resources Full wikitext | Nutshell wikitext Navigation 1 (Interpretation) | 2 (Credit Support Obligations) | 3 (Transfers, Calculations and Exchanges) | 4 (Dispute Resolution) | 5 (Title Transfer etc) | 6 (Default) | 7 (Representation) | 8 (Expenses) | 9 (Miscellaneous) | 10 (Definitions) | 11 (Elections and Variables) Index: Click ᐅ to expand: 2016 VM CSA 2018 CSD 1995 CSA Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.