Margin Amount (IM) - IM CSD Provision

2018 ISDA Credit Support Deed (IM) (English law)
A Jolly Contrarian owner’s manual™

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Resources: 2018 CSD Wikitext \| 2018 CSD Nutshell Wikitext Navigation 1 (Interpretation) \| 2 (Security) \| 3 (Credit Support Obligations) \| 4 (Conditions Precedent, Transfers, Timing, Calculations and Substitutions) \| 5 (Dispute Resolution) \| 6 (Custody Arrangements and the Control Agreement) \| 7 (Default) \| 8 (Certain Rights and Remedies) \| 9 (Representation) \| 10 (Expenses) \| 11 (Other Provisions) \| 12 (Definitions) \| 13 (Elections and Variables) Index: Click ᐅ to expand: 2018 CSD

Paragraph 3(c)(i) in a Nutshell™

Use at your own risk, campers!

3(c)(i) A Chargor’s “Margin Amount (IM)” on a Calculation Date (IM) is the Base Currency Equivalent of the total initial margin required for the Covered Transactions (IM) in question, under the Method used by the Regime specified in Paragraph 13. view template

Full text of Paragraph 3(c)(i)

3(c)(i) “Margin Amount (IM)” means, for any Calculation Date (IM) and a posting obligation of a Chargor under a Regime, the Base Currency Equivalent of an amount equal to the sum of the initial margin amounts in respect of the Covered Transactions (IM) determined using the Method specified as applicable to such Regime in Paragraph 13. view template

Related agreements and comparisons

Related Agreements Click here* for the text of Section [[- VM CSA Provision\|]] in the 2016 ISDA VM CSA* Comparisons Template:Csddiff 3(c)(i)

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