Template:Nutshell 1995 CSA 11(c)(iii): Difference between revisions
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Amwelladmin (talk | contribs) (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: | ||
::[ ] | ::[ ] Close of business in the {{csaprov|Valuation Agent}}’s location on 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 | :{{csaprov|Value}} and {{csaprov|Exposure}} must be determined as close to the same time as is [[practicable]]. <br> | ||
Latest revision as of 09:44, 24 May 2021
- 11(c)(iii) “Valuation Time” means:
- [ ] Close of business in the Valuation Agent’s location on the Valuation Date (or calculation date);
- [ ] Close of business one Local Business Day before the Valuation Date (or calculation date);
- [ ] Close of business in the Valuation Agent’s location on the Valuation Date (or calculation date);
- Value and Exposure must be determined as close to the same time as is practicable.