Template:2002 ISDA Equity Derivatives Definitions 3.3(b): Difference between revisions

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Created page with ":{{eqderivprov|3.3(b)}} Notwithstanding the foregoing, on any such {{eqderivprov|Scheduled Trading Day Buyer}} may exercise any number of {{eqderivprov|Options}} that does not..."
 
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:{{eqderivprov|3.3(b)}} Notwithstanding the foregoing, on any such {{eqderivprov|Scheduled Trading Day Buyer}} may exercise any number of {{eqderivprov|Options}} that does not exceed the Maximum Number of Options if it exercises all the {{eqderivprov|Options}} remaining unexercised. On the {{eqderivprov|Expiration Date}}, {{eqderivprov|Buyer}} may exercise any number of {{eqderivprov|Options}} remaining unexercised.
:{{eqderivprov|3.3(b)}} Notwithstanding the foregoing, on any such {{eqderivprov|Scheduled Trading Day Buyer}} may exercise any number of {{eqderivprov|Options}} that does not exceed the Maximum Number of Options if it exercises all the {{eqderivprov|Options}} remaining unexercised. On the {{eqderivprov|Expiration Date}}, {{eqderivprov|Buyer}} may exercise any number of {{eqderivprov|Options}} remaining unexercised. <br>
:{{eqderivprov|3.3(c)}} “'''{{eqderivprov|Minimum Number of Options}}'''” means, in respect of an {{eqderivprov|Option Transaction}} to which {{eqderivprov|Multiple Exercise}} is applicable, the number specified as such in the related {{eqderivprov|Confirmation}}.
:{{eqderivprov|3.3(d)}} “'''{{eqderivprov|Maximum Number of Options}}'''” means, in respect of an {{eqderivprov|Option Transaction}} to which {{eqderivprov|Multiple Exercise}} is applicable, the number specified as such in the related {{eqderivprov|Confirmation}}. <br>

Revision as of 12:52, 25 April 2018

3.3(b) Notwithstanding the foregoing, on any such Scheduled Trading Day Buyer may exercise any number of Options that does not exceed the Maximum Number of Options if it exercises all the Options remaining unexercised. On the Expiration Date, Buyer may exercise any number of Options remaining unexercised.
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