Template:Nutshell 2018 CSD 3(c)(iii)(B): Difference between revisions

Template:Nutshell 2018 CSD 3(c)(iii)(B) (view source)

58 bytes removed , 15 April 2021

no edit summary

83,498

edits

@@ Line 1: / Line 1: @@
-:(B)	If the “'''{{imcsdprov|Allocated Margin Flow (IM/IA) Approach}}'''” applies:
+:(B)	If the “'''{{imcsdprov|Allocated Margin Flow (IM/IA) Approach}}'''” applies the {{imcsdprov|Chargor}}’s “'''{{imcsdprov|Credit Support Amount (IM)}}'''” on any {{imcsdprov|Calculation Date (IM)}} will be its {{imcsdprov|Margin Amount (IM)}} minus its {{imcsdprov|Threshold (IM)}} (subject to a minimum of zero) and its posting obligation for {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced by that {{imcsdprov|Credit Support Amount (IM)}} (also subject to a minimum of zero). <br>
-::(1)	“'''{{imcsdprov|Credit Support Amount (IM)}}'''” means, with respect to the {{imcsdprov|Chargor}} on any {{imcsdprov|Calculation Date (IM)}} (i) its {{imcsdprov|Margin Amount (IM)}} minus (ii) its {{imcsdprov|Threshold (IM)}} subject to a minimum of zero.
-::(2)	The {{imcsdprov|Chargor}}’s posting obligation for any {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced by such {{imcsdprov|Credit Support Amount (IM)}} (subject also to a minimum of zero). <br>