element <stepUpProvision> (local)
Namespace: |
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Type: |
xsd:boolean |
Content: |
simple |
Defined: |
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XML Representation Summary |
<stepUpProvision> |
|
Content: |
{ xsd:boolean } |
</stepUpProvision> |
Included in content model of elements (1):
-
Annotation
As specified by the ISDA Standard Terms Supplement for use with trades on mortgage-backed securities. The presence of the element with value set to 'true' signifies that the provision is applicable. If applicable, the applicable step-up terms are specified as part of that ISDA Standard Terms Supplement. From a usage standpoint, this provision is typically applicable in the case of RMBS and not applicable in case of CMBS trades.
XML Source (w/o annotations (1); see within schema source)