Terms Relating to Prepayment - Equity Derivatives Provision

Template:EqderivanatAnother one where the normally assiduous ISDA drafting committee really did seem to be phoning it in. What should one do if the related Confirmation says nothing at all about Prepayment? We treat that as having specified it as “inapplicable”.

See Articles 8.4 et set (for Cash Settlement) and 9.2 et seq (Physical Settlement) for more meaty stuff.