Template:ISDA English Law Credit Support Annex 1995 Value: Difference between revisions
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Amwelladmin (talk | contribs) (Created page with ""'''{{csaprov|Value}}'''" means, for any {{csaprov|Valuation Date}} or other date for which {{csaprov|Value}} is calculated, and subject to <br>Paragraph {{csaprov|4}} in the ...") |
Amwelladmin (talk | contribs) m (Text replace - "" " to "” ") |
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"'''{{csaprov|Value}}''' | "'''{{csaprov|Value}}'''” means, for any {{csaprov|Valuation Date}} or other date for which {{csaprov|Value}} is calculated, and subject to <br>Paragraph {{csaprov|4}} in the case of a dispute, with respect to:<br> | ||
:(i) {{csaprov|Eligible Credit Support}} comprised in a {{csaprov|Credit Support Balance}} that is:<br> | :(i) {{csaprov|Eligible Credit Support}} comprised in a {{csaprov|Credit Support Balance}} that is:<br> | ||
::(A) an amount of cash, the {{csaprov|Base Currency Equivalent}} of such amount multiplied by <br>the applicable {{csaprov|Valuation Percentage}}, if any; and <br> | ::(A) an amount of cash, the {{csaprov|Base Currency Equivalent}} of such amount multiplied by <br>the applicable {{csaprov|Valuation Percentage}}, if any; and <br> | ||
Revision as of 18:01, 17 September 2016
"Value” means, for any Valuation Date or other date for which Value is calculated, and subject to
Paragraph 4 in the case of a dispute, with respect to:
- (i) Eligible Credit Support comprised in a Credit Support Balance that is:
- (A) an amount of cash, the Base Currency Equivalent of such amount multiplied by
the applicable Valuation Percentage, if any; and - (B) a security, the Base Currency Equivalent of the bid price obtained by the
Valuation Agent multiplied by the applicable Valuation Percentage, if any; and
- (A) an amount of cash, the Base Currency Equivalent of such amount multiplied by
- (ii) items that are comprised in a Credit Support Balance and are not Eligible Credit Support,
- zero.