Template:Isda Threshold Amount comp

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Not to be confused with Threshold in the 1995 CSA and all its varieties — being the amount of gross Exposure beyond which one must start posting variation margin — the {{{{{1}}}|Threshold Amount}} is a level relevant to the calculation of the {{{{{1}}}|Cross Default}} {{{{{1}}}|Event of Default}} - it is the aggregate principle amount of {{{{{1}}}|Specified Indebtedness}} one must have defaulted on to permit one’s counterparty to close you out.