Template:ISDA English Law Credit Support Annex 1995 3(b): Difference between revisions

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(Created page with "{{csaprov|3(b)}} '''{{csaprov|Calculations}}'''. All calculations of {{csaprov|Value}} and {{csaprov|Exposure}} for purposes of Paragraphs {{csaprov|2}} and {{csaprov|4(a)}} w...")
 
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{{csaprov|3(b)}} '''{{csaprov|Calculations}}'''. All calculations of {{csaprov|Value}} and {{csaprov|Exposure}} for purposes of Paragraphs {{csaprov|2}} and {{csaprov|4(a)}} will <br>be made by the relevant {{csaprov|Valuation Agent}} as of the relevant {{csaprov|Valuation Time}}. The {{csaprov|Valuation Agent}} will <br>notify each party (or the other party, if the {{csaprov|Valuation Agent}} is a party) of its calculations not later than the <br>{{csaprov|Notification Time}} on the {{csaprov|Local Business Day}} following the applicable {{csaprov|Valuation Date}} (or, in the case of <br>Paragraph {{csaprov|4(a)}}, following the date of calculation).<br>
{{csaprov|3(b)}} '''{{csaprov|Calculations}}'''. All calculations of {{csaprov|Value}} and {{csaprov|Exposure}} for purposes of Paragraphs {{csaprov|2}} and {{csaprov|4(a)}} will be made by the relevant {{csaprov|Valuation Agent}} as of the relevant {{csaprov|Valuation Time}}. The {{csaprov|Valuation Agent}} will notify each party (or the other party, if the {{csaprov|Valuation Agent}} is a party) of its calculations not later than the {{csaprov|Notification Time}} on the {{csaprov|Local Business Day}} following the applicable {{csaprov|Valuation Date}} (or, in the case of Paragraph {{csaprov|4(a)}}, following the date of calculation).<br>