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

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
(Replaced content with "{{isda Threshold Amount comp|isdaprov}}")
Tag: Replaced
 
(One intermediate revision by the same user not shown)
Line 1: Line 1:
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.
{{isda Threshold Amount comp|isdaprov}}

Latest revision as of 18:43, 5 January 2024

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 Threshold Amount is a level relevant to the calculation of the Cross Default Event of Default - it is the aggregate principle amount of Specified Indebtedness one must have defaulted on to permit one’s counterparty to close you out.

Retrieved from "https://jollycontrarian.com/index.php?title=Template:M_comp_disc_2002_ISDA_Threshold_Amount&oldid=82394"