Definition Type: Element
Name: incurredRecoveryApplicable
Namespace: http://www.fpml.org/2007/FpML-4-4
Type: boolean:http://www.w3.org/2001/XMLSchema
Containing Schema: fpml-cd-4-4.xsd
MinOccurs 0
MaxOccurs (1)
Abstract
Documentation:
Outstanding Swap Notional Amount is defined at any time on any day, as the greater of: (a) Zero; If Incurred Recovery Amount Applicable: (b) The Original Swap Notional Amount minus the sum of all Incurred Loss Amounts and all Incurred Recovery Amounts (if any) determined under this Confirmation at or prior to such time.Incurred Recovery Amount not populated: (b) The Original Swap Notional Amount minus the sum of all Incurred Loss Amounts determined under this Confirmation at or prior to such time.
Collapse XSD Schema Diagram:
XSD Diagram of incurredRecoveryApplicable in schema fpml-cd-4-4_xsd (Financial products Markup Language (FpML®))
Collapse XSD Schema Code:
<xsd:element name="incurredRecoveryApplicable" type="xsd:boolean" minOccurs="0">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">Outstanding Swap Notional Amount is defined at any time on any day, as the greater of: (a) Zero; If Incurred Recovery Amount Applicable: (b) The Original Swap Notional Amount minus the sum of all Incurred Loss Amounts and all Incurred Recovery Amounts (if any) determined under this Confirmation at or prior to such time.Incurred Recovery Amount not populated: (b) The Original Swap Notional Amount minus the sum of all Incurred Loss Amounts determined under this Confirmation at or prior to such time.</xsd:documentation>
    </xsd:annotation>
</xsd:element>