Template:Credit support balance commentary

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 Credit Support Amount/Exposure less that sum.

Note that {{{{{1}}}prov|Interest Amount}}s and {{{{{1}}}prov|Distributions}}, as long as they (i) have not yet been returned to the {{{{{1}}}prov|Transferor}} and (ii) are {{{{{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 be Unpaid Amounts on an Event of Default etc, and for which {{{{{1}}}prov|Transferor}} would be an unsecured creditor.

Note, per the definition of {{{{{1}}}prov|Value}}, “items that are comprised in a {{{{{1}}}prov|Credit Support Balance}} and are not {{{{{1}}}prov|Eligible Credit Support}}” are valued at zero.