Template:Nutshell Equity Derivatives Calculation Agent, Determining Party and Hedging Party: Difference between revisions
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Latest revision as of 14:18, 9 May 2022
1.40. The “Calculation Agent” will be specified in the Confirmation. It must exercise its judgment in in good faith and in a commercially reasonable manner but, when doing so, is neither fiduciary nor advisor to either party.
- 12.8(f): The Determining Party will be specified in the confirmation.
- 12.9(a)(ix) “Hedging Party”: The party specified as such in the Confirmation or, if none, either party;