Template:2002 ISDA Equity Derivatives Definitions 6.7(e): Difference between revisions

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:{{eqderivprov|6.7(e)}} '''[[Adjustments to Indices (Averaging) - Equity Derivatives Provision|Adjustments to Indices]]'''. If (i) on or prior to any {{eqderivprov|Averaging Date}} in respect of an Index <br>Transaction or {{eqderivprov|Index Basket Transaction}} an {{eqderivprov|Index Modification}} or {{eqderivprov|Index Cancellation}} occurs, or (ii) on <br>any {{eqderivprov|Averaging Date}} in respect of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}} an {{eqderivprov|Index Disruption}} <br>occurs, then the consequence specified in respect of {{eqderivprov|Index Adjustment Events}} for the purpose of Section <br>{{eqderivprov|11.1(b)}} shall apply to such {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}}. <br>
:{{eqderivprov|6.7(e)}} '''[[Adjustments to Indices (Averaging) - Equity Derivatives Provision|Adjustments to Indices]]'''. If (i) on or prior to any {{eqderivprov|Averaging Date}} in respect of an Index Transaction or {{eqderivprov|Index Basket Transaction}} an {{eqderivprov|Index Modification}} or {{eqderivprov|Index Cancellation}} occurs, or (ii) on any {{eqderivprov|Averaging Date}} in respect of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}} an {{eqderivprov|Index Disruption}} occurs, then the consequence specified in respect of {{eqderivprov|Index Adjustment Events}} for the purpose of Section {{eqderivprov|11.1(b)}} shall apply to such {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}}. <br>

Revision as of 12:34, 26 April 2018

6.7(e) Adjustments to Indices. If (i) on or prior to any Averaging Date in respect of an Index Transaction or Index Basket Transaction an Index Modification or Index Cancellation occurs, or (ii) on any Averaging Date in respect of an Index Transaction or Index Basket Transaction an Index Disruption occurs, then the consequence specified in respect of Index Adjustment Events for the purpose of Section 11.1(b) shall apply to such Index Transaction or Index Basket Transaction.