Template:ISDA Definitions 3.4: Difference between revisions
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Section {{isdadefsprov|3.4}}. {{isdadefsprov|Initial Exchange Date}}. “{{isdadefsprov|Initial Exchange Date}}” means, in respect of a {{isdadefsprov|Swap Transaction}} and a party, the date specified as such in the related Confirmation or, if a date is not so specified and an {{isdadefsprov|Initial Exchange Amount}} is specified, the {{isdadefsprov|Effective Date}}, which {{isdadefsprov|Initial Exchange Date}} shall be subject to adjustment in accordance with the {{isdadefsprov|Following Business Day Convention}} unless otherwise specified in the related {{isdadefsprov|Confirmation}}. <br> | Section {{isdadefsprov|3.4}}. {{isdadefsprov|Initial Exchange Date}}. “'''{{isdadefsprov|Initial Exchange Date}}'''” means, in respect of a {{isdadefsprov|Swap Transaction}} and a party, the date specified as such in the related {{isdadefsprov|Confirmation}} or, if a date is not so specified and an {{isdadefsprov|Initial Exchange Amount}} is specified, the {{isdadefsprov|Effective Date}}, which {{isdadefsprov|Initial Exchange Date}} shall be subject to adjustment in accordance with the {{isdadefsprov|Following Business Day Convention}} unless otherwise specified in the related {{isdadefsprov|Confirmation}}. <br> | ||
Latest revision as of 14:32, 3 September 2018
Section 3.4. Initial Exchange Date. “Initial Exchange Date” means, in respect of a Swap Transaction and a party, the date specified as such in the related Confirmation or, if a date is not so specified and an Initial Exchange Amount is specified, the Effective Date, which Initial Exchange Date shall be subject to adjustment in accordance with the Following Business Day Convention unless otherwise specified in the related Confirmation.