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Template:2014 ISDA Credit Derivatives Definitions 4.9: Difference between revisions
Template:2014 ISDA Credit Derivatives Definitions 4.9 (view source)
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'''Section {{cddprov|4.9}} {{cddprov|Certain Definitions Relating to Credit | '''Section {{cddprov|4.9}} {{cddprov|Certain Definitions Relating to Credit Events}}'''.<br> | ||
:(a) “'''{{cddprov|Default Requirement}}'''” means the amount specified as such in the related {{cddprov|Confirmation}} or its equivalent in the relevant {{cddprov|Obligation Currency}} (or, if no such amount is specified, USD 10,000,000 or its equivalent in the relevant {{cddprov|Obligation Currency}}) in either case, as of the occurrence of the relevant {{cddprov|Credit Event}}.<br> | :(a) “'''{{cddprov|Default Requirement}}'''” means the amount specified as such in the related {{cddprov|Confirmation}} or its equivalent in the relevant {{cddprov|Obligation Currency}} (or, if no such amount is specified, USD 10,000,000 or its equivalent in the relevant {{cddprov|Obligation Currency}}) in either case, as of the occurrence of the relevant {{cddprov|Credit Event}}.<br> | ||
:(b) “'''{{cddprov|Governmental Authority}}'''” means:<br> | :(b) “'''{{cddprov|Governmental Authority}}'''” means:<br> | ||