Template:2002 ISDA Equity Derivatives Definitions 1.47: Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
(Created page with "Section {{eqderivprov|1.47}}. '''{{eqderivprov|Knock-out Reference Security}}'''. “'''{{eqderivprov|Knock-out Reference Security}}'''” means, in respect of a {{eqderivprov...")
 
(No difference)

Latest revision as of 14:13, 23 April 2018

Section 1.47. Knock-out Reference Security. “Knock-out Reference Security” means, in respect of a Transaction for which a Knock-out Event is specified as being applicable, the index, share, other security or basket specified as such in the related Confirmation. In the event that the related Confirmation does not specify a Knock-out Reference Security, the Knock-out Reference Security will be deemed to be the same Index, Share or Basket, as the case may be, specified in the related Confirmation.