✨ 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 [●] 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"



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Online Sources for this page:

Gazette.govt.nz PDF NZ Gazette 2010, No 177





✨ LLM interpretation of page content

πŸ›οΈ Form of Credit Support Annex (continued from previous page)

πŸ›οΈ Governance & Central Administration
Legal Form, Credit Support Annex, Financial Agreement, Transfer Procedures, Valuation