Template:Nutshell 1995 CSA 11(c)(iii): Difference between revisions

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(Created page with ":{{csaprov|11(c)(iii)}} “'''{{csaprov|Valuation Time}}'''” means: ::[ ] the close of business in the {{csaprov|Valuation Agent}}’ location on the {{csaprov|Valuation Dat...")
 
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:{{csaprov|11(c)(iii)}} “'''{{csaprov|Valuation Time}}'''” means:
:{{csaprov|11(c)(iii)}} “'''{{csaprov|Valuation Time}}'''” means:
::[ ] the close of business in the {{csaprov|Valuation Agent}}location on the {{csaprov|Valuation Date}} (or calculation date); <br>
::[ ] Close of business in the {{csaprov|Valuation Agent}}’s location on the {{csaprov|Valuation Date}} (or calculation date); <br>
::[ ] the close of business on the {{csaprov|Local Business Day}} before the {{csaprov|Valuation Date}} (or calculation date); <br>
::[ ] Close of business one {{csaprov|Local Business Day}} before the {{csaprov|Valuation Date}} (or calculation date); <br>
:{{csaprov|Value}} and {{csaprov|Exposure}} must be determined the same time, as far as is practicable. <br>
:{{csaprov|Value}} and {{csaprov|Exposure}} must be determined as close to the same time as is [[practicable]]. <br>