Template:M summ 2002 ISDA Threshold Amount: Difference between revisions

Template:M summ 2002 ISDA Threshold Amount (view source)

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Replaced content with "{{Isda Threshold Amount summ|isdaprov}}"

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Revision as of 11:19, 23 June 2023 (view source) Amwelladmin (talk \| contribs) No edit summary ← Older edit		Latest revision as of 12:38, 23 June 2023 (view source) Amwelladmin (talk \| contribs) (Replaced content with "{{Isda Threshold Amount summ\|isdaprov}}") Tag: Replaced
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	[[Threshold Amount ~~- ISDA Provision~~\|~~A]] key feature of the {{isdaprov\|Cross Default}} {{~~isdaprov~~\|Event of Default~~}} in the {{isdama}}. This is the level over which accumulated [[indebtedness]] defaults comprise an {{isdaprov\|Event of Default}}. Because of the [[snowball effect]] that a {{tag\|cross default}} clause can have, it needs to be high. for a bank, typically 2 or 3% of [[tier 1 capital\|shareholder equity]] or USD100,000,000 — for a fund an equivalent portion of [[NAV]].		{{Isda Threshold Amount summ\|isdaprov}}