Talk:Scope of this Deed - IM CSD Provision: Difference between revisions

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Revision as of 09:10, 21 April 2021 (view source) Amwelladmin (talk \| contribs) (Created page with "2016 VM CSA 1(b) Scope of this Annex and the Other CSA: The only Transactions which will be relevant for the purposes of determining “Exposure” under this Annex will be...")		Latest revision as of 09:11, 21 April 2021 (view source) Amwelladmin (talk \| contribs) No edit summary
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	~~2016 VM CSA~~		2018 IM CSD


	1(b) Scope of this ~~Annex and the Other CSA:~~ The only Transactions which will be relevant for the purposes of determining ~~“Exposure”~~ under this ~~Annex~~ will be the Covered Transactions specified in ~~Paragraph 11. Each Other CSA, if any, is hereby amended such that~~ the ~~Transactions that will be relevant for purposes~~ of ~~determining “Exposure” thereunder, if any, will exclude the Covered Transactions and the Transaction constituted by this Annex~~. Except as provided ~~in Paragraph 9(h)~~, nothing in this ~~Annex~~ will affect the rights and obligations, if any, of either party ~~with respect to “independent amounts”~~ or ~~initial margin under each~~ Other CSA~~, if any, with respect to Transactions that are Covered Transactions~~.		1(c) Scope of this Deed. The only Transactions which will be relevant for the purposes of determining a “Margin Amount (IM)” under this Deed with respect to a posting obligation of a Chargor will be the relevant Covered Transactions (IM) specified in accordance with the provisions of Paragraph 13. Except as expressly provided herein, nothing in this Deed will affect the rights and obligations, if any, of either party under the Agreement or any Other CSA.