Template:Nutshell Equity Derivatives 2.1(c): Difference between revisions

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:{{eqderivprov|2.1(c)}} “'''{{eqderivprov|Option Entitlement}}'''” means the number of {{eqderivprov|Shares}}, or {{eqderivprov|Baskets}}, per {{eqderivprov|Option}} specified in the {{eqderivprov|Confirmation}} or, if none is specified, one {{eqderivprov|Share}} or {{eqderivprov|Basket}} per {{eqderivprov|Option}}.<br>
:{{eqderivprov|2.1(c)}} '''{{eqderivprov|Option Entitlement}}'''. “'''{{eqderivprov|Option Entitlement}}'''” means, in respect of a {{eqderivprov|Share Option Transaction}}, the number of {{eqderivprov|Shares}} per {{eqderivprov|Option}} specified as such in the related {{eqderivprov|Confirmation}} and, in respect of a {{eqderivprov|Share Basket Option Transaction}}, the number of {{eqderivprov|Baskets}} per {{eqderivprov|Option}} specified as such in the related {{eqderivprov|Confirmation}}. [[in that the event that]] no {{eqderivprov|Option Entitlement}} is specified in the related {{eqderivprov|Confirmation}}, the {{eqderivprov|Option Entitlement}} in respect of any {{eqderivprov|Share Option Transaction}} shall be one {{eqderivprov|Share}} per {{eqderivprov|Option}}, and in respect of any {{eqderivprov|Share Basket Option Transaction}} shall be one {{eqderivprov|Basket}} per {{eqderivprov|Option}}.<br>

Latest revision as of 08:47, 10 May 2022

2.1(c) “Option Entitlement” means the number of Shares, or Baskets, per Option specified in the Confirmation or, if none is specified, one Share or Basket per Option.
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