Common use of Determination of Valuations Clause in Contracts

Determination of Valuations. The Valuation Agent or the Party assuming the function of Valuation Agent in accordance with Clause 2.1 shall determine the Base Currency Equivalent at the Valuation Time on each Valuation Day and inform the Parties at the Notification Time of: (a) the amount of any Exposure; (b) the Value of any Eligible Credit Support held under this Annex; (c) the amount of any Credit Support Amount; and (d) the amount, if any, which may be transferred pursuant to Clause 3 or Clause 4 if requested by the Transferee.

Determination of Valuations. The Valuation Agent or the Party assuming the function of Valuation Agent in accordance with Clause 2.1 shall determine the Base Currency Equivalent at the Valuation Time on each Valuation Day and inform the Parties at the Notification Time of: (a) the amount of any Exposure; (b) the Value of any Eligible Credit Support held under this AnnexXxxxx; (c) the amount of any Credit Support Amount; and (d) the amount, if any, which may be transferred pursuant to Clause 3 or Clause 4 if requested by the Transferee.