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Amwelladmin (talk | contribs) (Created page with "{{csaprov|6}}. '''{{csaprov|Default}}'''. <br> If there is an {{isdaprov|Early Termination Date}} following an {{isdaprov|Event of Default}}, the {{csaprov|Value}} of the {{cs...") |
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{{csaprov|6}}. '''{{csaprov|Default}}'''. <br> | {{csaprov|6}}. '''{{csaprov|Default}}'''. <br> | ||
If there is an {{isdaprov|Early Termination Date}} following an {{isdaprov|Event of Default}}, the {{csaprov|Value}} of the {{csaprov|Credit Support Balance (VM)}}, determined | If there is an {{isdaprov|Early Termination Date}} following an {{isdaprov|Event of Default}}, the {{csaprov|Value}} of the {{csaprov|Credit Support Balance (VM)}}, determined of the {{isdaprov|Early Termination Date}}, will be an {{isdaprov|Unpaid Amount}} due to the {{csaprov|Transferor}} under Section {{isdaprov|6(e)}}. For the {{isdaprov|Transaction}} represented by this {{csaprov|Annex}}: | ||
:(a) any {{isdaprov|Market Quotation}} will be zero; | :(a) any {{isdaprov|Market Quotation}} will be zero; | ||
:(b) any {{isdaprov|Loss}} will be limited to the {{isdaprov|Unpaid Amount}} representing the {{csaprov|Value}} of the relevant {{csaprov|Credit Support Balance (VM)}} and any unsatisfied {{csaprov|Interest Payment (VM)}} obligations; | :(b) any {{isdaprov|Loss}} will be limited to the {{isdaprov|Unpaid Amount}} representing the {{csaprov|Value}} of the relevant {{csaprov|Credit Support Balance (VM)}} and any unsatisfied {{csaprov|Interest Payment (VM)}} obligations; | ||
:(c) any {{isdaprov|Close-out Amount}} will be zero; and | :(c) any {{isdaprov|Close-out Amount}} will be zero; and | ||
:(d) there will be no {{isdaprov|Unpaid Amount}} relating to any unsatisfied obligation under Paragraph {{csaprov|2}} or Paragraph {{csaprov|3(c)}}. <br> | :(d) there will be no {{isdaprov|Unpaid Amount}} relating to any unsatisfied obligation under Paragraph {{csaprov|2}} or Paragraph {{csaprov|3(c)}}. <br> |