Template:Nutshell GMSLA Net Loan Exposure: Difference between revisions

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'''{{gmslaprov|Net Loan Exposure}}''':
:(b) '''{{gmslaprov|Net Loan Exposure}}''':  
*If the aggregate {{gmslaprov|Market Value}} of {{gmslaprov|Posted Collateral}} between the {{gmslaprov|Borrower}} and any one {{gmslaprov|Principal}} exceeds the total {{gmslaprov|Required Collateral Value}} for all {{gmslaprov|Agency Loans}} between them, {{gmslaprov|Borrower}} has a {{gmslaprov|Net Loan Exposure}} to that {{gmslaprov|Principal}} equal to that excess.<br>
::(i) If the aggregate {{gmslaprov|Market Value}} of {{gmslaprov|Posted Collateral}} between the {{gmslaprov|Borrower}} and any one {{gmslaprov|Principal}} exceeds the total {{gmslaprov|Required Collateral Value}} for all {{gmslaprov|Agency Loans}} between them, {{gmslaprov|Borrower}} has a {{gmslaprov|Net Loan Exposure}} to that {{gmslaprov|Principal}} equal to that excess.<br>
*If it is ''less'' than the {{gmslaprov|Required Collateral Value}}, the {{gmslaprov|Principal}} has a {{gmslaprov|Net Loan Exposure}} to {{gmslaprov|Borrower}} equal to the shortfall. <br>
::(ii)If it is ''less'' than the {{gmslaprov|Required Collateral Value}}, the {{gmslaprov|Principal}} has a {{gmslaprov|Net Loan Exposure}} to {{gmslaprov|Borrower}} equal to the shortfall. <br>