Template:Nutshell 1995 CSA 2(b)
Jump to navigation
Jump to search
2(b) Return Amount. If the Transferor demands a Return Amount at least equalling the Transferee’s Minimum Transfer Amount on a Valuation Date, the Transferee must transfer the specified Equivalent Credit Support with a Value of the Return Amount (rounded under Paragraph 11(b)(iii)(D)) to the Transferee and the Credit Support Balance will be proportionately reduced. The “Return Amount” is the amount by which
- (i) the Value of the Transferor’s Credit Support Balance (adjusted for pending but unsettled transfers) exceeds:
- (ii) the Credit Support Amount.