Template:Nutshell 1995 CSA Exposure: Difference between revisions

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“'''{{csaprov|Exposure}}'''” means, with respect to a party on a {{csaprov|Valuation Date}} any amount payable to one party by the other (if so a positive number) or ''by'' that party ''to'' the other (if so a negative number) under Section {{isdaprov|6(e)(ii)(1)}} if all {{isdaprov|Transactions}} (other than the CSA) were being terminated at the {{csaprov|Valuation Time}}, assuming that:
“'''{{csaprov|Exposure}}'''” means, for a party on a {{csaprov|Valuation Date}}, any amount payable to it by the other party (if so, a positive number) or ''by'' it ''to'' the other party (if so, a negative number) under Section {{isdaprov|6(e)(ii)(1)}} were all {{isdaprov|Transactions}} (other than the CSA) being terminated at the {{csaprov|Valuation Time}}, assuming that:
:(i) that party is not the {{isdaprov|Affected Party}} and  
:(i) it is not the {{isdaprov|Affected Party}} and  
:(ii) the {{csaprov|Base Currency}} is the {{isdaprov|Termination Currency}};  
:(ii) the {{csaprov|Base Currency}} is the {{isdaprov|Termination Currency}};  
provided that the {{csaprov|Valuation Agent}} will determine {{isdaprov|Market Quotation}}s  based on its mid-market estimates for {{isdaprov|Replacement Transaction}}s (as conteomplated in “'''{{isdaprov|Market Quotation}}'''”). <br>
where the {{csaprov|Valuation Agent}} will determine {{isdaprov|Market Quotation}}s  based on its mid-market estimates for {{isdaprov|Replacement Transaction}}s (as contemplated in “'''{{isdaprov|Market Quotation}}'''”). <br>