Template:2002 ISDA Equity Derivatives Definitions 11.2(b): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with ":(b) If “'''{{eqderivprov|Options Exchange Adjustment}}'''” is specified as the Method of Adjustment in the related {{eqderivprov|Confirmation}} of a {{eqderivprov|Share T...") |
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::(ii) in respect of a {{eqderivprov|Share Forward Transaction}} or a {{eqderivprov|Share Basket Forward Transaction}}, the {{eqderivprov|Forward Price}}, the {{eqderivprov|Forward Floor Price}}, the {{eqderivprov|Forward Cap Price}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; <br> | ::(ii) in respect of a {{eqderivprov|Share Forward Transaction}} or a {{eqderivprov|Share Basket Forward Transaction}}, the {{eqderivprov|Forward Price}}, the {{eqderivprov|Forward Floor Price}}, the {{eqderivprov|Forward Cap Price}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; <br> | ||
::(iii) in respect of a {{eqderivprov|Share Swap Transaction}} or a {{eqderivprov|Share Basket Swap Transaction}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Equity Notional Amount}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; <br> | ::(iii) in respect of a {{eqderivprov|Share Swap Transaction}} or a {{eqderivprov|Share Basket Swap Transaction}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Equity Notional Amount}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; <br> | ||
and, in any case, any other variable relevant to the exercise, settlement, payment or other terms of that {{eqderivprov|Transaction}}, as determined by the {{eqderivprov|Calculation Agent}}, which adjustment will be effective as of the date determined by the {{eqderivprov|Calculation Agent}} to be the effective date of the corresponding adjustment made by the {{eqderivprov|Options Exchange}}. If options on the relevant {{eqderivprov|Shares}} are not traded on the {{eqderivprov|Options Exchange}}, the {{eqderivprov|Calculation Agent}} will make such adjustment, if any, to any [[one or more]] of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms of the {{eqderivprov|Transaction}} as the {{eqderivprov|Calculation Agent}} determines appropriate, with reference to the rules of and precedents (if any) set by the {{eqderivprov|Options Exchange}}, to account for the diluting or concentrative effect of any event that, in the determination of the {{eqderivprov|Calculation Agent}}, would have given rise to an adjustment by the {{eqderivprov|Options Exchange}} if such options were so traded. <br> | :and, in any case, any other variable relevant to the exercise, settlement, payment or other terms of that {{eqderivprov|Transaction}}, as determined by the {{eqderivprov|Calculation Agent}}, which adjustment will be effective as of the date determined by the {{eqderivprov|Calculation Agent}} to be the effective date of the corresponding adjustment made by the {{eqderivprov|Options Exchange}}. If options on the relevant {{eqderivprov|Shares}} are not traded on the {{eqderivprov|Options Exchange}}, the {{eqderivprov|Calculation Agent}} will make such adjustment, if any, to any [[one or more]] of the relevant variables referred to above or any other variable relevant to the exercise, settlement, payment or other terms of the {{eqderivprov|Transaction}} as the {{eqderivprov|Calculation Agent}} determines appropriate, with reference to the rules of and precedents (if any) set by the {{eqderivprov|Options Exchange}}, to account for the diluting or concentrative effect of any event that, in the determination of the {{eqderivprov|Calculation Agent}}, would have given rise to an adjustment by the {{eqderivprov|Options Exchange}} if such options were so traded. <br> | ||