15. Model Contract — Banking

• 15.1.  A total of 50 percent of the IRB Commitment value can be utilized with Banked IRB Transactions from the IRB Bank. The entire CCV of a Banked IRB Transaction, not a portion thereof, must be applied to a single IRB Transaction under the Contract. Each transaction must clearly state that it is a Banked IRB Transaction. The Banked IRB Transaction must contain the exact information as submitted to the IRB Bank.