Template:2002 ISDA Equity Derivatives Definitions 8.6(a): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
Line 1: Line 1:
{{eqderivprov|8.6(a)}} if the {{eqderivprov|Type of Return}} specified in the related {{eqderivprov|Confirmation}} is “'''{{eqderivprov|Price Return}}'''”, then:  
:{{eqderivprov|8.6(a)}} if the {{eqderivprov|Type of Return}} specified in the related {{eqderivprov|Confirmation}} is “'''{{eqderivprov|Price Return}}'''”, then:  
:(i) if the {{eqderivprov|Equity Amount}} determined by the {{eqderivprov|Calculation Agent}} in relation to that {{eqderivprov|Equity Amount Payer}} is a positive number, then that {{eqderivprov|Equity Amount Payer}} will pay (in addition to any other amounts payable by that {{eqderivprov|Equity Amount Payer}}) to the {{eqderivprov|Equity Amount Receiver}} the {{eqderivprov|Equity Amount}} on the relevant {{eqderivprov|Cash Settlement Payment Date}}; and  
::(i) if the {{eqderivprov|Equity Amount}} determined by the {{eqderivprov|Calculation Agent}} in relation to that {{eqderivprov|Equity Amount Payer}} is a positive number, then that {{eqderivprov|Equity Amount Payer}} will pay (in addition to any other amounts payable by that {{eqderivprov|Equity Amount Payer}}) to the {{eqderivprov|Equity Amount Receiver}} the {{eqderivprov|Equity Amount}} on the relevant {{eqderivprov|Cash Settlement Payment Date}}; and  
:(ii) if the {{eqderivprov|Equity Amount}} determined by the {{eqderivprov|Calculation Agent}} in relation to that {{eqderivprov|Equity Amount Payer}} is a negative number, then the {{eqderivprov|Equity Amount Receiver}} will pay (in addition to any other amounts payable by that {{eqderivprov|Equity Amount Receiver}}) to the Equity Amount Payer the absolute value of the {{eqderivprov|Equity Amount}} on the relevant {{eqderivprov|Cash Settlement Payment Date}}; <br>
::(ii) if the {{eqderivprov|Equity Amount}} determined by the {{eqderivprov|Calculation Agent}} in relation to that {{eqderivprov|Equity Amount Payer}} is a negative number, then the {{eqderivprov|Equity Amount Receiver}} will pay (in addition to any other amounts payable by that {{eqderivprov|Equity Amount Receiver}}) to the Equity Amount Payer the absolute value of the {{eqderivprov|Equity Amount}} on the relevant {{eqderivprov|Cash Settlement Payment Date}}; <br>

Latest revision as of 12:35, 26 April 2018

8.6(a) if the Type of Return specified in the related Confirmation is “Price Return”, then:
(i) if the Equity Amount determined by the Calculation Agent in relation to that Equity Amount Payer is a positive number, then that Equity Amount Payer will pay (in addition to any other amounts payable by that Equity Amount Payer) to the Equity Amount Receiver the Equity Amount on the relevant Cash Settlement Payment Date; and
(ii) if the Equity Amount determined by the Calculation Agent in relation to that Equity Amount Payer is a negative number, then the Equity Amount Receiver will pay (in addition to any other amounts payable by that Equity Amount Receiver) to the Equity Amount Payer the absolute value of the Equity Amount on the relevant Cash Settlement Payment Date;
Retrieved from "https://jollycontrarian.com/index.php?title=Template:2002_ISDA_Equity_Derivatives_Definitions_8.6(a)&oldid=22883"