Template:Credit support balance commentary: Difference between revisions

The {{{{{1}}}prov|Credit Support Balance}} is an important part of the recipe when cooking up a {{{{{1}}}prov|Delivery Amount}} or {{{{{1}}}prov|Return Amount}}, because it is essentially the amount of [[credit support]] you have already posted. The transfer will therefore be your {{csaprov|Credit Support Amount}}/{{vmcsaprov|Exposure}} less that sum.

Note that {{{{{1}}}prov|Interest Amount}}s and {{{{{1}}}prov|Distributions}}, so long as they (i) have not yet been returned to the {{{{{1}}}prov|Transferor}} and (ii) themselves count as {{{{{1}}}prov|Eligible Credit Support}}, are included in the {{{{{1}}}prov|Credit Support Balance}}. Needless to say, amounts that are not {{{{{1}}}prov|Eligible Credit Support}} aren't counted towards the {{{{1}}}prov|Credit Support Balance}} but an amount due by {{{{{1}}}prov|Transferee}} to {{{{{1}}}prov|Transferor}} which would b {{isdaprov|Unpaid Amounts}} on an {{isdaprov|Event of Default}} etc, and for which {{{{{1}}}prov|Transferor}} would be an unsecured creditor.