# XML Schema Documentation

### Model Group: FixedRecovery.model

#### [Table of contents]

Name | FixedRecovery.model
Used by (from the same schema document) | Complex Type CashSettlementTerms

XML Instance Representation
Start Choice [1]
<cashSettlementAmount> Money </cashSettlementAmount> [1]

'The amount paid by the seller to the buyer for cash settlement on the cash settlement date. If not otherwise specified, would typically be calculated as 100 (or the Reference Price) minus the price of the Reference Obligation (all expressed as a percentage) times Floating Rate Payer Calculation Amount. ISDA 2003 Term: Cash Settlement Amount.'

<recoveryFactor> RestrictedPercentage </recoveryFactor> [1]

'Used for fixed recovery, specifies the recovery level, determined at contract inception, to be applied on a default. Used to calculate the amount paid by the seller to the buyer for cash settlement on the cash settlement date. Amount calculation is (1 minus the Recovery Factor) multiplied by the Floating Rate Payer Calculation Amount. The currency will be derived from the Floating Rate Payer Calculation Amount.'

End Choice
Diagram
Schema Component Representation
<xsd:group name="FixedRecovery.model">
<xsd:choice>
<xsd:element name="cashSettlementAmount" type=" Money "/>
<xsd:element name="recoveryFactor" type=" RestrictedPercentage "/>
</xsd:choice>
</xsd:group>