Template:ISDA English Law Credit Support Annex 1995 Base Currency Equivalent: Difference between revisions

“'''{{csaprov|Base Currency Equivalent}}'''” means, with respect to an amount on a {{csaprov|Valuation Date}}, in the case of an amount denominated in the {{csaprov|Base Currency}}, such {{csaprov|Base Currency}} amount and, in the case of an amount denominated in a currency other than the {{csaprov|Base Currency}} (the “'''{{csaprov|Other Currency}}'''”), the amount of Base Currency required to purchase such amount of the {{csaprov|Other Currency}} at the spot exchange rate determined by the {{csaprov|Valuation Agent}} for value on such {{csaprov|Valuation Date}}. <br>