Template:ISDA English Law Credit Support Annex 1995 Credit Support Balance and Template:ISDA English Law Credit Support Annex 2016 Credit Support Balance (VM): Difference between pages

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"'''{{csaprov|Credit Support Balance}}'''” means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, the aggregate of all {{csaprov|Eligible Credit Support}} that has been transferred to or received by the {{csaprov|Transferee}} under this {{csaprov|Annex}}, together with any {{csaprov|Distributions}} and all proceeds of any such {{csaprov|Eligible Credit Support}} or {{csaprov|Distributions}}, as reduced pursuant to Paragraph {{csaprov|2(b)}}, {{csaprov|3(c)(ii)}} or {{csaprov|6}}. Any {{csaprov|Equivalent Distributions}} or {{csaprov|Interest Amount}} (or portion of either) not transferred pursuant to Paragraph {{csaprov|5(c)(i)}} or {{csaprov|5(c)(ii)}} will form part of the {{prov2|csa|Credit Support Balance|Credit Support}} {{prov2|csa|Credit Support Balance|Balance}}.<br>
“'''{{vmcsaprov|Credit Support Balance (VM)}}'''” means, with respect to a {{vmcsaprov|Transferor}} on a {{vmcsaprov|Valuation Date}}, the aggregate of all {{vmcsaprov|Eligible Credit Support (VM)}} that has been transferred to or received by the {{vmcsaprov|Transferee}} under this {{vmcsaprov|Annex}}, together with any {{vmcsaprov|Distributions}} and all proceeds of any such {{vmcsaprov|Eligible Credit Support (VM)}} or {{vmcsaprov|Distributions}}, as reduced pursuant to Paragraph {{vmcsaprov|2(b)}}, {{vmcsaprov|3(c)(ii)}} or {{vmcsaprov|6}} and as adjusted pursuant to Paragraph {{vmcsaprov|5(c)(ii)}}. Any {{vmcsaprov|Equivalent Distributions}} (or [[or part thereof|portion thereof]]) not transferred pursuant to Paragraph {{vmcsaprov|5(c)(i)}} will form part of the {{vmcsaprov|Credit Support Balance (VM)}}. <br />

Latest revision as of 13:05, 2 December 2019

“Credit Support Balance (VM)” means, with respect to a Transferor on a Valuation Date, the aggregate of all Eligible Credit Support (VM) that has been transferred to or received by the Transferee under this Annex, together with any Distributions and all proceeds of any such Eligible Credit Support (VM) or Distributions, as reduced pursuant to Paragraph 2(b), 3(c)(ii) or 6 and as adjusted pursuant to Paragraph 5(c)(ii). Any Equivalent Distributions (or portion thereof) not transferred pursuant to Paragraph 5(c)(i) will form part of the Credit Support Balance (VM).

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