element <notContingent> (local)
Namespace: |
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Type: |
xsd:boolean |
Content: |
simple |
Defined: |
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XML Representation Summary |
<notContingent> |
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Content: |
{ xsd:boolean } |
</notContingent> |
Included in content model of elements (2):
-
Annotation
NOTE: Only allowed as an obligation charcteristic under ISDA Credit 1999. In essence Not Contingent means the repayment of principal cannot be dependant on a formula/index, i.e. to prevent the risk of being delivered an instrument that may never pay any element of principal, and to ensure that the obligation is interest bearing (on a regular schedule). ISDA 2003 Term: Not Contingent
XML Source (w/o annotations (1); see within schema source)
<xsd:element minOccurs="0" name="notContingent" type="xsd:boolean"/>
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