Template:2002 ISDA Equity Derivatives Definitions 11.4: Difference between revisions

Section {{eqderivprov|11.4}}. '''{{eqderivprov|Correction of Share Prices and Index Levels}}'''. In the event that any price or level published on the {{eqderivprov|Exchange}} or by the {{eqderivprov|Index Sponsor}} and which is utilized for any calculation or determination made under a {{isdaprov|Transaction}} is subsequently corrected and the correction is published by the {{eqderivprov|Exchange}} or the {{eqderivprov|Index Sponsor}} within one {{eqderivprov|Settlement Cycle}} after the original publication, either party may notify the other party of that correction and the {{eqderivprov|Calculation Agent}} will determine the amount that is payable or deliverable as a result of that correction, and, to the extent necessary, will adjust the terms of such {{isdaprov|Transaction}} to account for such correction. <br>