β¨ Credit Support Annex
22 DECEMBER 2010
NEW ZEALAND GAZETTE, No. 177
4395
CREDIT SUPPORT ANNEX
Bilateral Form - Transfer
Elections and Variables
part of the ISDA Master Agreement dated as of [β] 2010
between
Genesis Power Limited
("Party A")
and
Meridian Energy Limited
("Party B")
Paragraph 11. Elections and Variables
(a) Base and Eligible Currency.
(i) "Base Currency" means New Zealand Dollars.
(ii) "Eligible Currency" means the Base Currency.
(b) Credit Support Obligations.
(i) Delivery Amount, Return Amount and Credit Support Amount.
(A) "Delivery Amount" has the meaning specified in Paragraph 2(a).
(B) "Return Amount" has the meaning specified in Paragraph 2(b).
(C) "Credit Support Amount" has the meaning specified in Paragraph 10.
(ii) Eligible Credit Support. The following will qualify as "Eligible Credit Support" for the party specified.
| Type | Valuation Percentage |
|---|---|
| Cash in an Eligible Currency | 100% |
(iii) Thresholds.
(A) "Independent Amount"
(B) "Threshold"
Next Page →
β¨ LLM interpretation of page content
ποΈ
Form of Credit Support Annex
(continued from previous page)
ποΈ Governance & Central AdministrationLegal Form, Credit Support Annex, Financial Agreement, Transfer Procedures, Valuation
NZ Gazette 2010, No 177