Template:ISDA English Law Credit Support Annex 1995 Credit Support Balance: Difference between revisions
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“'''{{csaprov|Credit Support Balance}}'''” means, with respect to a {{csaprov|Transferor}} on a {{csaprov|Valuation Date}}, the aggregate of all {{csaprov|Eligible Credit Support}} that has been transferred to or received by the {{csaprov|Transferee}} under this {{csaprov|Annex}}, together with any {{csaprov|Distributions}} and all proceeds of any such {{csaprov|Eligible Credit Support}} or {{csaprov|Distributions}}, as reduced pursuant to Paragraph {{csaprov|2(b)}}, {{csaprov|3(c)(ii)}} or {{csaprov|6}}. Any {{csaprov|Equivalent Distributions}} or {{csaprov|Interest Amount}} (or portion of either) not transferred pursuant to Paragraph {{csaprov|5(c)(i)}} or {{csaprov|5(c)(ii)}} will form part of the {{prov2|csa|Credit Support Balance|Credit Support}} {{prov2|csa|Credit Support Balance|Balance}}.<br> | |||
Latest revision as of 22:04, 28 December 2019
“Credit Support Balance” means, with respect to a Transferor on a Valuation Date, the aggregate of all Eligible Credit Support that has been transferred to or received by the Transferee under this Annex, together with any Distributions and all proceeds of any such Eligible Credit Support or Distributions, as reduced pursuant to Paragraph 2(b), 3(c)(ii) or 6. Any Equivalent Distributions or Interest Amount (or portion of either) not transferred pursuant to Paragraph 5(c)(i) or 5(c)(ii) will form part of the Credit Support Balance.