Template:ISDA English Law Credit Support Annex 1995 Exposure: Difference between revisions

"'''{{csaprov|Exposure}}'''” means, with respect to a party on a {{csaprov|Valuation Date}} and subject to Paragraph {{csaprov|4}} in the case of a dispute, the amount, if any, that would be payable to that party by the other party (expressed as a positive number) or by that party to the other party (expressed as a negative number) pursuant to Section {{isdaprov|6(e)(ii)(1)}} of this {{isdaprov|Agreement}} if all {{isdaprov|Transactions}} (other than the {{isdaprov|Transaction}} constituted by this {{csaprov|Annex}}) were being terminated as of the relevant {{csaprov|Valuation Time}}, on the basis that (i) that party is not the {{isdaprov|Affected Party}} and (ii) the {{csaprov|Base Currency}} is the {{isdaprov|Termination Currency}}; provided that {{isdaprov|Market Quotation}}s will be determined by the {{csaprov|Valuation Agent}} on behalf of that party using its estimates at mid-market of the amounts that would be paid for {{isdaprov|Replacement Transaction}}s (as that term is defined in the definition of “'''{{isdaprov|Market Quotation}}'''”). <br>