Template:2002 ISDA Equity Derivatives Definitions 2.1(c): Difference between revisions
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:{{eqderivprov|2.1(c)}} '''{{eqderivprov|Option Entitlement}}'''. “'''{{eqderivprov|Option Entitlement}}'''” means, in respect of a {{eqderivprov|Share Option Transaction}}, the number of {{eqderivprov|Shares}} per {{eqderivprov|Option}} specified as such in the related {{eqderivprov|Confirmation}} and, in respect of a {{eqderivprov|Share Basket Option Transaction}}, the number of {{eqderivprov|Baskets}} per {{eqderivprov|Option}} specified as such in the related {{eqderivprov|Confirmation}}. [[ | :{{eqderivprov|2.1(c)}} '''{{eqderivprov|Option Entitlement}}'''. “'''{{eqderivprov|Option Entitlement}}'''” means, in respect of a {{eqderivprov|Share Option Transaction}}, the number of {{eqderivprov|Shares}} per {{eqderivprov|Option}} specified as such in the related {{eqderivprov|Confirmation}} and, in respect of a {{eqderivprov|Share Basket Option Transaction}}, the number of {{eqderivprov|Baskets}} per {{eqderivprov|Option}} specified as such in the related {{eqderivprov|Confirmation}}. [[In the event that]] no {{eqderivprov|Option Entitlement}} is specified in the related {{eqderivprov|Confirmation}}, the {{eqderivprov|Option Entitlement}} in respect of any {{eqderivprov|Share Option Transaction}} shall be one {{eqderivprov|Share}} per {{eqderivprov|Option}}, and in respect of any {{eqderivprov|Share Basket Option Transaction}} shall be one {{eqderivprov|Basket}} per {{eqderivprov|Option}}.<br> | ||
Latest revision as of 13:53, 10 May 2022
- 2.1(c) Option Entitlement. “Option Entitlement” means, in respect of a Share Option Transaction, the number of Shares per Option specified as such in the related Confirmation and, in respect of a Share Basket Option Transaction, the number of Baskets per Option specified as such in the related Confirmation. In the event that no Option Entitlement is specified in the related Confirmation, the Option Entitlement in respect of any Share Option Transaction shall be one Share per Option, and in respect of any Share Basket Option Transaction shall be one Basket per Option.