Template:2002 ISDA Equity Derivatives Definitions 8.2: Difference between revisions
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Section {{eqderivprov|8.2}}. '''{{eqderivprov|Option Cash Settlement Amount}}'''. “'''{{eqderivprov|Option Cash Settlement Amount}}''' | Section {{eqderivprov|8.2}}. '''{{eqderivprov|Option Cash Settlement Amount}}'''. “'''{{eqderivprov|Option Cash Settlement Amount}}'''” means, <br>unless otherwise provided in the related {{eqderivprov|Confirmation}}, in respect of each {{eqderivprov|Valuation Date}}: <br> | ||
:(a) under an {{eqderivprov|Index Option Transaction}} or {{eqderivprov|Index Basket Option Transaction}}, an amount equal <br>to the number of {{eqderivprov|Options}} exercised or deemed exercised on the relevant {{eqderivprov|Exercise Date}} multiplied by the <br>{{eqderivprov|Strike Price Differential}} multiplied by one unit of the {{eqderivprov|Settlement Currency}} multiplied by the {{eqderivprov|Multiplier}}, if <br>any; and <br> | :(a) under an {{eqderivprov|Index Option Transaction}} or {{eqderivprov|Index Basket Option Transaction}}, an amount equal <br>to the number of {{eqderivprov|Options}} exercised or deemed exercised on the relevant {{eqderivprov|Exercise Date}} multiplied by the <br>{{eqderivprov|Strike Price Differential}} multiplied by one unit of the {{eqderivprov|Settlement Currency}} multiplied by the {{eqderivprov|Multiplier}}, if <br>any; and <br> | ||
:(b) under a {{eqderivprov|Share Option Transaction}} or {{eqderivprov|Share Basket Option Transaction}}, an amount equal <br>to the number of {{eqderivprov|Options}} exercised or deemed exercised on the relevant {{eqderivprov|Exercise Date}} multiplied by the <br>{{eqderivprov|Option Entitlement}} multiplied by the {{eqderivprov|Strike Price Differential}}. <br> | :(b) under a {{eqderivprov|Share Option Transaction}} or {{eqderivprov|Share Basket Option Transaction}}, an amount equal <br>to the number of {{eqderivprov|Options}} exercised or deemed exercised on the relevant {{eqderivprov|Exercise Date}} multiplied by the <br>{{eqderivprov|Option Entitlement}} multiplied by the {{eqderivprov|Strike Price Differential}}. <br> | ||
Revision as of 12:00, 16 September 2016
Section 8.2. Option Cash Settlement Amount. “Option Cash Settlement Amount” means,
unless otherwise provided in the related Confirmation, in respect of each Valuation Date:
- (a) under an Index Option Transaction or Index Basket Option Transaction, an amount equal
to the number of Options exercised or deemed exercised on the relevant Exercise Date multiplied by the
Strike Price Differential multiplied by one unit of the Settlement Currency multiplied by the Multiplier, if
any; and - (b) under a Share Option Transaction or Share Basket Option Transaction, an amount equal
to the number of Options exercised or deemed exercised on the relevant Exercise Date multiplied by the
Option Entitlement multiplied by the Strike Price Differential.