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Amwelladmin (talk | contribs) (Created page with "“'''{{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'...") |
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“'''{{csaprov|Exposure}}'''” means, | “'''{{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) | :(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}}; | ||
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> |