Template:2002 ISDA Equity Derivatives Definitions 5.8: Difference between revisions

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Section {{eqderivprov|5.8}}. '''{{eqderivprov|Initial Price}}'''. "'''{{eqderivprov|Initial Price}}'''" means, in respect of the first {{eqderivprov|Valuation Date}} under an <br>{{eqderivprov|Equity Swap Transaction}}, the price specified as such or otherwise determined as provided in the related <br>{{eqderivprov|Confirmation}}, and in respect of each subsequent {{eqderivprov|Valuation Date}}, the {{eqderivprov|Final Price}} for the {{eqderivprov|Valuation Date}} <br>immediately preceding such {{eqderivprov|Valuation Date}}. <br>
Section {{eqderivprov|5.8}}. '''{{eqderivprov|Initial Price}}'''. '''{{eqderivprov|Initial Price}}'''means, in respect of the first {{eqderivprov|Valuation Date}} under an {{eqderivprov|Equity Swap Transaction}}, the price specified as such or otherwise determined as provided in the related {{eqderivprov|Confirmation}}, and in respect of each subsequent {{eqderivprov|Valuation Date}}, the {{eqderivprov|Final Price}} for the {{eqderivprov|Valuation Date}} immediately preceding such {{eqderivprov|Valuation Date}}. <br>

Latest revision as of 10:21, 19 September 2019

Section 5.8. Initial Price. “Initial Price” means, in respect of the first Valuation Date under an Equity Swap Transaction, the price specified as such or otherwise determined as provided in the related Confirmation, and in respect of each subsequent Valuation Date, the Final Price for the Valuation Date immediately preceding such Valuation Date.