Template:M comp disc 2002 ISDA Threshold Amount: Difference between revisions

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(Created page with "Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{csaprove|Exposure}} beyond which one must start posting variation margin — the {{isdaprov|Threshold Amount}} is a level relevant to the calculation of the {{isdaprov|Cross Default}} {{isdaprov|Event of Default}} - it is the aggregate principle amount of {{isdaprov|Specified Indebtedness}} one must have defaulted on to permit one’s counterparty to clo...")
 
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Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{csaprove|Exposure}} beyond which one must start posting [[variation margin]] — the {{isdaprov|Threshold Amount}} is a level relevant to the calculation of the {{isdaprov|Cross Default}} {{isdaprov|Event of Default}} - it is the aggregate principle amount of {{isdaprov|Specified Indebtedness}} one must have defaulted on to permit one’s counterparty to close you out.
Not to be confused with {{csaprov|Threshold}} in the {{csa}} and all its varieties — being the amount of gross {{csaprov|Exposure}} beyond which one must start posting [[variation margin]] — the {{isdaprov|Threshold Amount}} is a level relevant to the calculation of the {{isdaprov|Cross Default}} {{isdaprov|Event of Default}} - it is the aggregate principle amount of {{isdaprov|Specified Indebtedness}} one must have defaulted on to permit one’s counterparty to close you out.