Template:2002 ISDA Equity Derivatives Definitions 6.8(d): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
← Older editNewer edit →
VisualWikitext
No edit summary
No edit summary
Line 1: Line 1:
:{{eqderivprov|6.8(d)}} '''{{eqderivprov|Adjustments of the Exchange-traded Contract (Futures Price Valuation)}}'''. Without duplication of Section {{eqderivprov|11.1}} <br>(which shall govern in the event of any conflict), in the event that the terms of the Exchange-traded <br>Contract are changed or modified by the {{eqderivprov|Exchange}}, the {{eqderivprov|Calculation Agent}} shall, if necessary, adjust one <br>or more of the {{eqderivprov|Strike Price}}, the {{eqderivprov|Number of Options}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Forward Price}}, the Forward <br>Floor Price, the {{eqderivprov|Forward Cap Price}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}} and/or any other variable <br>relevant to the settlement terms of the {{eqderivprov|Transaction}} to preserve for each party the economic equivalent of <br>any payment or payments (assuming satisfaction of each applicable condition precedent) by the parties in <br>respect of the {{eqderivprov|Transaction}} that would have been required after the date of such change. <br>
:{{eqderivprov|6.8(d)}} '''{{p|eq|Adjustments of the Exchange-traded Contract (Futures Price Valuation)|Adjustments of the Exchange-traded Contract}}'''. Without duplication of Section {{eqderivprov|11.1}} <br>(which shall govern in the event of any conflict), in the event that the terms of the Exchange-traded <br>Contract are changed or modified by the {{eqderivprov|Exchange}}, the {{eqderivprov|Calculation Agent}} shall, if necessary, adjust one <br>or more of the {{eqderivprov|Strike Price}}, the {{eqderivprov|Number of Options}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Forward Price}}, the Forward <br>Floor Price, the {{eqderivprov|Forward Cap Price}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}} and/or any other variable <br>relevant to the settlement terms of the {{eqderivprov|Transaction}} to preserve for each party the economic equivalent of <br>any payment or payments (assuming satisfaction of each applicable condition precedent) by the parties in <br>respect of the {{eqderivprov|Transaction}} that would have been required after the date of such change. <br>

Revision as of 11:41, 8 November 2012

6.8(d) Adjustments of the Exchange-traded Contract. Without duplication of Section 11.1
(which shall govern in the event of any conflict), in the event that the terms of the Exchange-traded
Contract are changed or modified by the Exchange, the Calculation Agent shall, if necessary, adjust one
or more of the Strike Price, the Number of Options, the Initial Price, the Forward Price, the Forward
Floor Price, the Forward Cap Price, the Knock-in Price, the Knock-out Price and/or any other variable
relevant to the settlement terms of the Transaction to preserve for each party the economic equivalent of
any payment or payments (assuming satisfaction of each applicable condition precedent) by the parties in
respect of the Transaction that would have been required after the date of such change.
Retrieved from "https://jollycontrarian.com/index.php?title=Template:2002_ISDA_Equity_Derivatives_Definitions_6.8(d)&oldid=4259"