Template:Nutshell 2018 CSD 3(c)(iii)(C): Difference between revisions

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:(C) If the “'''{{imcsdprov|Greater of Margin Flow (IM/IA) Approach}}'''” applies the Chargor’s “{{imcsdprov|Credit Support Amount (IM)}}” on any {{imcsdprov|Calculation Date (IM)}} will be ''Max [Max <nowiki>[</nowiki>{{imcsdprov|Margin Amount (IM)}} -{{imcsdprov|Threshold (IM)}}, {{imcsdprov|Margin Amount (IA)}}<nowiki>]</nowiki>, 0]'', and its posting obligation for {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced to zero. <br>
:(C) If “'''{{imcsdprov|Greater of Margin Flow (IM/IA) Approach}}'''” applies: '''''Max [Max <nowiki>[</nowiki>{{imcsdprov|Margin Amount (IM)}} -{{imcsdprov|Threshold (IM)}}, {{imcsdprov|Margin Amount (IA)}}<nowiki>]</nowiki>, 0]''''', and its posting obligation for {{imcsdprov|Margin Amount (IA)}} under any {{imcsdprov|Other CSA}} will be reduced to zero. <br>

Latest revision as of 14:40, 19 April 2021

(C) If “Greater of Margin Flow (IM/IA) Approach” applies: Max [Max [Margin Amount (IM) -Threshold (IM), Margin Amount (IA)], 0], and its posting obligation for Margin Amount (IA) under any Other CSA will be reduced to zero.
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