Template:Nutshell Equity Derivatives 1.40: Difference between revisions

Revision as of 20:33, 3 August 2020

Section 1.40. The “Calculation Agent” will be specified in the Confirmation. The Calculation Agent 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.

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	Section {{eqderivprov\|1.40}}. “'''{{eqderivprov\|Calculation Agent}}'''” will be specified in the {{eqderivprov\|Confirmation}}. The {{eqderivprov\|Calculation Agent}} 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. <br>		Section {{eqderivprov\|1.40}}. The “'''{{eqderivprov\|Calculation Agent}}'''” will be specified in the {{eqderivprov\|Confirmation}}. The {{eqderivprov\|Calculation Agent}} 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. <br>