Cancellation Amount - Equity Derivatives Provision: Difference between revisions

no edit summary
No edit summary
No edit summary
Line 1: Line 1:
{{2002 ISDA Equity Derivatives Definitions Section 12.8 TOC}}
{{fullanat|eqderiv|12.8(a)|}}
 
{{eqderivprov|Cancellation Amount}} is a beast of a definition. But when you boil it down, it's pretty straightforward. It applies in two circumstances:
{{eqderivprov|Cancellation Amount}} is a beast of a definition. But when you boil it down, it's pretty straightforward. It applies in two circumstances:
* termination of a transaction following an {{eqderivprov|Extraordinary Event}}
* termination of a transaction following an {{eqderivprov|Extraordinary Event}}
* termination of a transaciton following an {{eqderivprov|Additional Disruption Event}}.
* termination of a transaciton following an {{eqderivprov|Additional Disruption Event}}.
{{box|
{{Nuts|Equity Derivatives Definitions|Cancellation Amount}}}}
{{2002 ISDA Equity Derivatives Definitions Section 12.8 TOC}}


{{Nuts|Equity Derivatives Definitions|Cancellation Amount}}
{{box|
{{box|
{{2002 ISDA Equity Derivatives Definitions 12.8}}  
{{2002 ISDA Equity Derivatives Definitions 12.8}}  
Line 15: Line 18:
{{2002 ISDA Equity Derivatives Definitions 12.8(f)}}  
{{2002 ISDA Equity Derivatives Definitions 12.8(f)}}  
{{2002 ISDA Equity Derivatives Definitions 12.8(g)}}}}
{{2002 ISDA Equity Derivatives Definitions 12.8(g)}}}}
{{eqderivanatomy}}