UNITED STATES SECURITIES AND EXCHANGE COMMISSION
... “Commercial Tax Agreement” means any commercial agreement not primarily related to Taxes that may impose contractual liability on the Company for Taxes of another Person, such as credit facilities with tax gross-up provisions or real estate leases with tax escalation provisions; provided that an agr ...
... “Commercial Tax Agreement” means any commercial agreement not primarily related to Taxes that may impose contractual liability on the Company for Taxes of another Person, such as credit facilities with tax gross-up provisions or real estate leases with tax escalation provisions; provided that an agr ...
new jersey turnpike authority interest rate swap management plan
... nationally recognized rating agencies (e.g. Moody's, Standard and Poor's, or Fitch); or a "AAA" subsidiary as rated by at least one nationally recognized credit rating agency. B.) Termination risk is the risk that the interest rate swap could be terminated by the counterparty due to any of several e ...
... nationally recognized rating agencies (e.g. Moody's, Standard and Poor's, or Fitch); or a "AAA" subsidiary as rated by at least one nationally recognized credit rating agency. B.) Termination risk is the risk that the interest rate swap could be terminated by the counterparty due to any of several e ...
Prudential Standard CPS 226 Margining and risk mitigation for non
... Refer to paragraphs 57 to 61 for the treatment of intra-group transactions. Genuine amendments to existing derivative transactions do not qualify as a new derivative transaction. Any amendment that extends an existing derivative transaction for the purpose of avoiding margin requirements must be con ...
... Refer to paragraphs 57 to 61 for the treatment of intra-group transactions. Genuine amendments to existing derivative transactions do not qualify as a new derivative transaction. Any amendment that extends an existing derivative transaction for the purpose of avoiding margin requirements must be con ...
Prudential Standard CPS 226 Margining and risk mitigation for non
... (ii) net gains and losses on transactions, including the value of any collateral, terminated and closed out under the netting agreement so that the parties to the agreement would have either a claim to receive or an obligation to pay only the net sum of the close-out values of individual transaction ...
... (ii) net gains and losses on transactions, including the value of any collateral, terminated and closed out under the netting agreement so that the parties to the agreement would have either a claim to receive or an obligation to pay only the net sum of the close-out values of individual transaction ...
Title — Times New Roman 32pt, line spacing .85 Title 2 — Times
... • The underlying security is not readily tradable on an established securities market; • In connection with entering into the NPC, the underlying security is posted as collateral by the short party to the long party; or • Any other contract identified by the Secretary as a Specified NPC. ...
... • The underlying security is not readily tradable on an established securities market; • In connection with entering into the NPC, the underlying security is posted as collateral by the short party to the long party; or • Any other contract identified by the Secretary as a Specified NPC. ...
Disclosure Annex for Asset-Backed Security Derivative
... reference obligations that are ABSs. PAUG CDS may reference a single ABS or a portfolio of ABSs, sometimes in the form of a published index. ABSs may have complex structural features whereby the timing and amount of payments due to holders of a specific class of ABS are affected by the priority of p ...
... reference obligations that are ABSs. PAUG CDS may reference a single ABS or a portfolio of ABSs, sometimes in the form of a published index. ABSs may have complex structural features whereby the timing and amount of payments due to holders of a specific class of ABS are affected by the priority of p ...
Derivatives: The Good, The Bad and … the Necessary?
... a shipment to a major U.S. retailer in mid-September for the upcoming holiday season. The watchmaker and retailer have negotiated a payment of $10 million to be made to the watchmaker upon delivery. The problem: The watchmaker is concerned that the U.S. dollar’s value against the Swiss franc will ...
... a shipment to a major U.S. retailer in mid-September for the upcoming holiday season. The watchmaker and retailer have negotiated a payment of $10 million to be made to the watchmaker upon delivery. The problem: The watchmaker is concerned that the U.S. dollar’s value against the Swiss franc will ...
Derivatives markets, products and participants
... Options contracts can be either standardised or customised. There are two types of option: call and put options. Call option contracts give the purchaser the right to buy a specified quantity of a commodity or financial asset at a particular price (the exercise price) on or before a certain future d ...
... Options contracts can be either standardised or customised. There are two types of option: call and put options. Call option contracts give the purchaser the right to buy a specified quantity of a commodity or financial asset at a particular price (the exercise price) on or before a certain future d ...
Reporting of Derivative Instruments - NAIC I-Site
... This is opposite of the situation when the insurer takes a long position. However, going short U.S. Treasury futures can hedge the interest rate risk exposure on bonds that the insurer holds in its portfolio. This is especially important for GAAP accounting purposes when bonds are reported on a fair ...
... This is opposite of the situation when the insurer takes a long position. However, going short U.S. Treasury futures can hedge the interest rate risk exposure on bonds that the insurer holds in its portfolio. This is especially important for GAAP accounting purposes when bonds are reported on a fair ...
Chapter 3: Over-the-Counter Derivatives
... is called the “Master Agreement.” Individual transactions are “incorporated by reference” into the Master Agreement, which allows counterparties to enter into OTC transactions more expeditiously because many of the terms of trade have been outlined in advance. Annexes to the Master Agreement, such a ...
... is called the “Master Agreement.” Individual transactions are “incorporated by reference” into the Master Agreement, which allows counterparties to enter into OTC transactions more expeditiously because many of the terms of trade have been outlined in advance. Annexes to the Master Agreement, such a ...
Credit Product Conventions - The Australian Financial Markets
... Credit Products can be split into two distinct types: Long Term Credit Securities These are long-term debt instruments that are issued by entities other than the Australian Commonwealth and State Government Financing Agencies. These include supranational, corporate bonds and asset-backed securities ...
... Credit Products can be split into two distinct types: Long Term Credit Securities These are long-term debt instruments that are issued by entities other than the Australian Commonwealth and State Government Financing Agencies. These include supranational, corporate bonds and asset-backed securities ...
Analysis EC proposal for FTT - Insurance Association of Cyprus
... also considered as structured products. This is because the originator issues securities whose value and income payments are based (derived) on the value and cash flows of the assets that have been pooled (structured) together and perhaps even separated into tranches (mortgages, student loans, etc). ...
... also considered as structured products. This is because the originator issues securities whose value and income payments are based (derived) on the value and cash flows of the assets that have been pooled (structured) together and perhaps even separated into tranches (mortgages, student loans, etc). ...