Skip to content
common-domain-model

Slot: paymentRequirement

Specifies a threshold for the failure to pay credit event. Market standard is USD 1,000,000 (JPY 100,000,000 for Japanese Yen trades) or its equivalent in the relevant obligation currency. This is applied on an aggregate basis across all Obligations of the Reference Entity. Intended to prevent technical/operational errors from triggering credit events. ISDA 2003 Term: Payment Requirement

URI: common_domain_model:paymentRequirement

Applicable Classes

Section titled “Applicable Classes”
Name Description Modifies Slot
FailureToPay no

Properties

Section titled “Properties”

Type and Range

Section titled “Type and Range”
Property Value
Range Money
Domain Of FailureToPay

Slot Characteristics

Section titled “Slot Characteristics”
Property Value
Owner FailureToPay

Identifier and Mapping Information

Section titled “Identifier and Mapping Information”

Schema Source

Section titled “Schema Source”

Mappings

Section titled “Mappings”
Mapping Type Mapped Value
self common_domain_model:paymentRequirement
native common_domain_model:paymentRequirement

LinkML Source

Section titled “LinkML Source”
name: paymentRequirement
description: 'Specifies a threshold for the failure to pay credit event. Market standard
  is USD 1,000,000 (JPY 100,000,000 for Japanese Yen trades) or its equivalent in
  the relevant obligation currency. This is applied on an aggregate basis across all
  Obligations of the Reference Entity. Intended to prevent technical/operational errors
  from triggering credit events. ISDA 2003 Term: Payment Requirement'
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
owner: FailureToPay
domain_of:
- FailureToPay
range: Money