Ex Amount (Excess Dividend Amount) - Equity Derivatives Provision: Difference between revisions

Revision as of 17:37, 4 February 2020

2002 ISDA Equity Derivatives Definitions
A Jolly Contrarian owner’s manual™

Resources and navigation

Resources About the Equity Derivatives Definitions \| (full wikitext) \| (nutshell wikitext) \| Equity v credit derivatives showdown Hot topics Synthetic Prime Brokerage Anatomy \| The Triple Cocktail \| Cancellation and Payment \| Calculation Agent TOC \| 1 General Definitions \| 2 Option Transactions \| 3 Exercise of Options \| 4 Forward Transactions \| 5 Equity Swap Transactions \| 6 Valuation \| 7 Settlement \| 8 Cash Settlement \| 9 Physical Settlement \| 10 Dividends \| 11 Adjustments and Modifications \| 12 Extraordinary Events · 12.8 Cancellation Amount · 12.9 Additional Disruption Events · 12.9 List of ADEs · 12.9(b) Consequences of ADEs \| 13 Miscellaneous Index: Click ᐅ to expand: Equity Derivatives - Premium Synthetic Prime Brokerage

Paragraph 10.7(b) in a Nutshell™

Use at your own risk, campers!

10.7(b) “Ex Amount” means 100% of the Extraordinary Dividend per Share declared by the Issuer to Shareholders of record, where the Shares commence trading “ex-dividend” during the Dividend Period. view template

Full text of Paragraph 10.7(b)

10.7(b) Ex Amount. “Ex Amount” means, in relation to an Excess Dividend Amount, 100% of the Extraordinary Dividend per Share declared by the Issuer to holders of record of a Share where the date that the Shares have commenced trading ex-dividend on the Exchange occurs during the relevant Dividend Period. view template

Comments? Questions? Suggestions? Requests? Insults? We’d love to 📧 hear from you. Sign up for our newsletter.

@@ Line 1: / Line 1: @@
-{{eqderivanat|10.7(b)}}
+{{manual|DE|2002|10.7(b)|Paragraph|10.1(b)|short}}
-See paragraph {{eqderivprov|10.1(b)}} [[Ex Amount (Dividend Amount) - Equity Derivatives Provision|Ex Amount]], which applies to ''normal'', unremarkable dividends and {{eqderivprov|10.7(b)}} [[Ex Amount (Excess Dividend Amount) - Equity Derivatives Provision|Ex Amount]] which applies to ''extraordinary'' dividends  (or you could really go to town and ''{{compare|39921|39920}}'' them).
-Most of the time you’ll be using the normal one under paragraph {{eqderivprov|10.1(b)}}, but (except for the reference to “gross cash dividend” on one hand and e“xtraordinary dividend” on the other.