Template:2002 ISDA Equity Derivatives Definitions 1.20: Difference between revisions

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Section {{eqderivprov|1.20}}. '''{{eqderivprov|Number of Shares}}'''. “'''{{eqderivprov|Number of Shares}}'''” means:  
Section {{eqderivprov|1.20}}. '''{{eqderivprov|Number of Shares}}'''. “'''{{eqderivprov|Number of Shares}}'''” means:  
:(a) in respect of a {{eqderivprov|Share Option Transaction}}, the number of {{eqderivprov|Shares}} obtained by multiplying the {{eqderivprov|Number of Options}} by the {{eqderivprov|Option Entitlement}};
{{2002 ISDA Equity Derivatives Definitions 1.20(a)}}
:(b) in respect of a {{eqderivprov|Share Forward Transaction}} or a {{eqderivprov|Share Swap Transaction}}, the number of {{eqderivprov|Shares}} specified as such in the related {{eqderivprov|Confirmation}}; and
{{2002 ISDA Equity Derivatives Definitions 1.20(b)}}
:(c) in respect of a {{eqderivprov|Share Basket Transaction}} for the {{eqderivprov|Shares}} of each Issuer comprised in the {{eqderivprov|Basket}}, the number of such {{eqderivprov|Shares}} per {{eqderivprov|Basket}} specified or otherwise determined as provided in the related {{eqderivprov|Confirmation}}. <br>
{{2002 ISDA Equity Derivatives Definitions 1.20(c)}}

Latest revision as of 11:49, 26 April 2018

Section 1.20. Number of Shares. “Number of Shares” means:

1.20(a) in respect of a Share Option Transaction, the number of Shares obtained by multiplying the Number of Options by the Option Entitlement;
1.20(b) in respect of a Share Forward Transaction or a Share Swap Transaction, the number of Shares specified as such in the related Confirmation; and
1.20(c) in respect of a Share Basket Transaction for the Shares of each Issuer comprised in the Basket, the number of such Shares per Basket specified or otherwise determined as provided in the related Confirmation.