Template:ISDA English Law Credit Support Annex 1995 Credit Support Amount: Difference between revisions
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“'''{{csaprov|Credit Support Amount}}'''” means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, (i) the {{csaprov|Transferee}}’s {{csaprov|Exposure}} plus (ii) all {{csaprov|Independent Amounts}} applicable to the {{csaprov|Transferor}}, if any, minus (iii) all {{csaprov|Independent Amount}}s applicable to the {{csaprov|Transferee}}, if any, minus (iv) the {{csaprov|Transferor}} | “'''{{csaprov|Credit Support Amount}}'''” means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, (i) the {{csaprov|Transferee}}’s {{csaprov|Exposure}} plus (ii) all {{csaprov|Independent Amounts}} applicable to the {{csaprov|Transferor}}, {{f|if any}}, minus (iii) all {{csaprov|Independent Amount}}s applicable to the {{csaprov|Transferee}}, {{f|if any}}, minus (iv) the {{csaprov|Transferor}}’s {{csaprov|Threshold}}; {{f|provided, however}}, that the {{csaprov|Credit Support Amount}} will be deemed to be zero whenever the calculation of {{csaprov|Credit Support Amount}} yields a number less than zero. <br> | ||
Latest revision as of 18:55, 19 January 2017
“Credit Support Amount” means, with respect to a Transferor on a Valuation Date, (i) the Transferee’s Exposure plus (ii) all Independent Amounts applicable to the Transferor, if any, minus (iii) all Independent Amounts applicable to the Transferee, if any, minus (iv) the Transferor’s Threshold; provided, however, that the Credit Support Amount will be deemed to be zero whenever the calculation of Credit Support Amount yields a number less than zero.