Common use of CCR Clause in Contracts

CCR. For the purposes of (II) above, the formula for calculating CCR is as follows. CCR = CR x 1.030 where CR means Party B's Exposure + VB VB means the Volatility buffer that equals the amount of any given currency derived by taking the appropriate percentage of the Transaction's outstanding notional balance. See the following table (for the purposes of interpreting the table, -------------------------------------------------------------------------------- Page (2) "Counterparty rating" the credit rating assigned to Party A by S&P and "Maturities" is the period from and including the date of calculation to but excluding the scheduled maturity of the last expiring Transaction outstanding under the Agreement):

CCR. For the purposes of (IIIII) above, the formula for calculating CCR is as follows. CCR = CR x 1.030 1.000 where CR means Party B's Exposure + VB VB means the Volatility buffer that equals the amount of any given currency derived by taking the appropriate percentage of the Transaction's outstanding notional balance. See the following table (for the purposes of interpreting the table, -------------------------------------------------------------------------------- Page (2) "Counterparty rating" is the short term credit rating assigned to Party A by S&P Fitch and "Maturities" is the period from and including the date of calculation to but excluding the scheduled maturity of the last expiring Transaction outstanding under the Agreement):