CCF Construction Sample Clauses
The CCF Construction clause defines the requirements and procedures for constructing a Credit Conversion Factor (CCF) in the context of financial agreements. It typically outlines how the CCF is to be calculated, what types of exposures or transactions it applies to, and may specify the data sources or methodologies to be used. For example, it might detail how off-balance sheet items are converted into credit exposure equivalents for regulatory or risk assessment purposes. The core function of this clause is to ensure consistency and transparency in the calculation of credit exposures, thereby facilitating accurate risk measurement and regulatory compliance.
CCF Construction. Using its usual and customary practices and procedures, the State shall contract for construction of the CCF including building construction, procurement and installation of furnishings. The State also shall be responsible for construction management of the CCF.
