Template:Nutshell 1995 CSA 4(a): Difference between revisions

no edit summary
No edit summary
 
Line 5: Line 5:
**'''Disputes as to {{csaprov|Exposure}}''': the {{csaprov|Valuation Agent}} will recalculate any disputed {{csaprov|Exposure}} as of the {{csaprov|Recalculation Date}} by averaging the mid-market quotations from those {{isdaprov|Reference Market-makers}} who will provide one (if none will, the {{csaprov|Valuation Agent}}’s original calculations will stand); and calculating the outstanding {{csaprov|Credit Support Balance}} as per Paragraph {{csaprov|11(e)(ii)}};
**'''Disputes as to {{csaprov|Exposure}}''': the {{csaprov|Valuation Agent}} will recalculate any disputed {{csaprov|Exposure}} as of the {{csaprov|Recalculation Date}} by averaging the mid-market quotations from those {{isdaprov|Reference Market-makers}} who will provide one (if none will, the {{csaprov|Valuation Agent}}’s original calculations will stand); and calculating the outstanding {{csaprov|Credit Support Balance}} as per Paragraph {{csaprov|11(e)(ii)}};
**'''Disputes as to {{csaprov|Credit Support}} {{csaprov|Value}}''': recalculating the {{csaprov|Value}} as of the date of transfer. <br />
**'''Disputes as to {{csaprov|Credit Support}} {{csaprov|Value}}''': recalculating the {{csaprov|Value}} as of the date of transfer. <br />
The {{csaprov|Valuation Agent}} will notify each party by the {{csaprov|Notification Time}} on the {{csaprov|Local Business Day}} following the {{csaprov|Resolution Time}}. Then the appropriate transfer has to be made.
The {{csaprov|Valuation Agent}} will notify each party by the {{csaprov|Notification Time}} on the {{csaprov|Local Business Day}} following the {{csaprov|Resolution Time}}. Then the appropriate transfer has to be made. <br>