Template:ISDA English Law Credit Support Annex 2016 Transferee: Difference between revisions

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“'''{{csaprov|Transferee}}'''” means, in relation to each {{csaprov|Valuation Date}}, the party in respect of which {{csaprov|Exposure}} is a positive number and, in relation to a {{csaprov|Credit Support Balance (VM)}}, the party which, subject to this {{csaprov|Annex}}, owes such {{csaprov|Credit Support Balance (VM)}} or, as the case may be, the {{csaprov|Value}} of such {{csaprov|Credit Support Balance (VM)}} to the other party. <br />
“'''{{vmcsaprov|Transferee}}'''” means, in relation to each {{vmcsaprov|Valuation Date}}, the party in respect of which {{vmcsaprov|Exposure}} is a positive number and, in relation to a {{vmcsaprov|Credit Support Balance (VM)}}, the party which, subject to this {{vmcsaprov|Annex}}, owes such {{vmcsaprov|Credit Support Balance (VM)}} or, as the case may be, the {{vmcsaprov|Value}} of such {{vmcsaprov|Credit Support Balance (VM)}} to the other party. <br />