Common use of DBRS Requirements Clause in Contracts

DBRS Requirements. “Credit Support Amount” for an Initial Rating Event shall equal, with respect to a Transferor on a Valuation Date, (A) the greater of: (i) zero; and (ii) the sum of (x) the Transferee’s Exposure and (y) the Notional Amount of such Transaction on such Valuation Date multiplied by the respective derivative volatility cushion set out below: 1 or less 2.00% 3 or less but more than 1 2.50% 5 or less but more than 3 2.75% 7 or less but more than 5 3.00% 10 or less but more than 7 3.50% 20 or less but more than 10 4.25% more than 20 5.00% minus (B) the Threshold for Party A.

DBRS Requirements. “Credit Support Amount” for an Initial Rating Event shall equal, with respect to a Transferor on a Valuation Date, (A) the greater of: (i) zero; and (ii) the sum of (x) the Transferee’s Exposure and (y) the Notional Amount of such Transaction on such Valuation Date multiplied by the respective derivative volatility cushion set out below: 1 or less 2.00% 3 or less but more than 1 2.50% 5 or less but more than 3 2.75% 7 or less but more than 5 3.00% 10 or less but more than 7 3.50% 20 or less but more than 10 4.25% more than 20 5.00% minus (B) the Threshold for Party A.

DBRS Requirements. “Credit Support Amount” for an Initial Rating Event shall equal, with respect to a Transferor on a Valuation Date, (A) the greater of: (i) zero; and (ii) the sum of (x) the Transferee’s Exposure and (y) the Notional Amount of such Transaction on such Valuation Date multiplied by the respective derivative volatility cushion set out below: 1 or less 2.000.25% 3 or less but more than 1 2.500.50% 5 or less but more than 3 2.751.00% 7 or less but more than 5 3.001.50% 10 or less but more than 7 3.502.50% 20 or less but more than 10 4.253.50% more than 20 5.004.00% minus (B) the Threshold for Party A.