Template:ISDA English Law Credit Support Annex 2016 11(d)

From The Jolly Contrarian
Jump to navigation Jump to search

11(d) Valuation and Timing.

11(d)(i)Valuation Agent” means, for purposes of Paragraphs 2 and 4, the party making the demand under Paragraph 2, and, for purposes of Paragraph 5(c), the Transferee, as applicable, unless otherwise specified here: [.....]
11(d)(ii)Valuation Date” has the meaning specified in Paragraph 10, unless otherwise specified here: [SPECIFY]
For purposes of determining the Valuation Date and clause (iii) of the definition of “Local Business Day” in Paragraph 10, “Valuation Date Location[1] means, with respect to each party, each city, region or country specified below:
Party A: [SPECIFY]
Party B: [SPECIFY]
11(d)(iii)Valuation Time” has the meaning specified in Paragraph 10, unless otherwise specified here:
11(d)(iv)Notification Time” means 12 noon, London time, on a Local Business Day, unless otherwise specified here: [...]
  1. If applicable, a party can specify more than one Valuation Date Location.