Template:2002 ISDA Equity Derivatives Definitions 1.20: Difference between revisions
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Section {{eqderivprov|1.20}}. '''{{eqderivprov|Number of Shares}}'''. | Section {{eqderivprov|1.20}}. '''{{eqderivprov|Number of Shares}}'''. “'''{{eqderivprov|Number of Shares}}'''" means: | ||
:(a) in respect of a {{eqderivprov|Share Option Transaction}}, the number of {{eqderivprov|Shares}} obtained by multiplying <br>the {{eqderivprov|Number of Options}} by the {{eqderivprov|Option Entitlement}}; <br> | :(a) in respect of a {{eqderivprov|Share Option Transaction}}, the number of {{eqderivprov|Shares}} obtained by multiplying <br>the {{eqderivprov|Number of Options}} by the {{eqderivprov|Option Entitlement}}; <br> | ||
:(b) in respect of a {{eqderivprov|Share Forward Transaction}} or a {{eqderivprov|Share Swap Transaction}}, the number of <br>{{eqderivprov|Shares}} specified as such in the related {{eqderivprov|Confirmation}}; and <br> | :(b) in respect of a {{eqderivprov|Share Forward Transaction}} or a {{eqderivprov|Share Swap Transaction}}, the number of <br>{{eqderivprov|Shares}} specified as such in the related {{eqderivprov|Confirmation}}; and <br> | ||
:(c) in respect of a {{eqderivprov|Share Basket Transaction}} for the {{eqderivprov|Shares}} of each Issuer comprised in the <br>{{eqderivprov|Basket}}, the number of such {{eqderivprov|Shares}} per {{eqderivprov|Basket}} specified or otherwise determined as provided in the <br>related {{eqderivprov|Confirmation}}. <br> | :(c) in respect of a {{eqderivprov|Share Basket Transaction}} for the {{eqderivprov|Shares}} of each Issuer comprised in the <br>{{eqderivprov|Basket}}, the number of such {{eqderivprov|Shares}} per {{eqderivprov|Basket}} specified or otherwise determined as provided in the <br>related {{eqderivprov|Confirmation}}. <br> | ||
Revision as of 17:07, 15 September 2016
Section 1.20. Number of Shares. “Number of Shares" means:
- (a) in respect of a Share Option Transaction, the number of Shares obtained by multiplying
the Number of Options by the Option Entitlement; - (b) in respect of a Share Forward Transaction or a Share Swap Transaction, the number of
Shares specified as such in the related Confirmation; and - (c) in respect of a Share Basket Transaction for the Shares of each Issuer comprised in the
Basket, the number of such Shares per Basket specified or otherwise determined as provided in the
related Confirmation.