Template:2002 ISDA Equity Derivatives Definitions 3.4(b): Difference between revisions
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Amwelladmin (talk | contribs) Created page with ":{{eqderivprov|3.4(b)}} where “'''{{eqderivprov|Physical Settlement}}'''” is applicable, at the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} if a..." |
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:{{eqderivprov|3.4(b)}} where “'''{{eqderivprov|Physical Settlement}}'''” is applicable, at the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} if at such time the {{eqderivprov|Option}} is In-the-Money, as determined by the {{eqderivprov|Calculation Agent}}, unless {{eqderivprov|Buyer}} notifies {{eqderivprov|Seller}} or, if applicable, {{eqderivprov|Seller’s Agent}} (by telephone or in writing) prior to the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} that it does not wish {{eqderivprov|Automatic Exercise}} to occur, in which case {{eqderivprov|Automatic Exercise}} will not apply. | :{{eqderivprov|3.4(b)}} where “'''{{eqderivprov|Physical Settlement}}'''” is applicable, at the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} if at such time the {{eqderivprov|Option}} is {{eqderivprov|In-the-Money}}, as determined by the {{eqderivprov|Calculation Agent}}, unless {{eqderivprov|Buyer}} notifies {{eqderivprov|Seller}} or, if applicable, {{eqderivprov|Seller’s Agent}} (by telephone or in writing) prior to the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} that it does not wish {{eqderivprov|Automatic Exercise}} to occur, in which case {{eqderivprov|Automatic Exercise}} will not apply. | ||
Latest revision as of 17:41, 20 October 2020
- 3.4(b) where “Physical Settlement” is applicable, at the Expiration Time on the Expiration Date if at such time the Option is In-the-Money, as determined by the Calculation Agent, unless Buyer notifies Seller or, if applicable, Seller’s Agent (by telephone or in writing) prior to the Expiration Time on the Expiration Date that it does not wish Automatic Exercise to occur, in which case Automatic Exercise will not apply.