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Template:2002 ISDA Equity Derivatives Definitions 13.4: Difference between revisions
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Template:2002 ISDA Equity Derivatives Definitions 13.4 (view source)
Revision as of 15:27, 10 May 2018
, 10 May 2018no edit summary
Amwelladmin (talk | contribs) (Created page with "Section {{eqderivprov|13.4}}. '''{{eqderivprov|Additional Acknowledgments}}'''. If “'''{{eqderivprov|Additional Acknowledgments}}'''” is specified as applicable in the rel...") |
Amwelladmin (talk | contribs) No edit summary |
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::(i) legal, regulatory, tax, business, investments, financial, accounting or other advice, | ::(i) legal, regulatory, tax, business, investments, financial, accounting or other advice, | ||
::(ii) a recommendation to enter into such {{eqderivprov|Transaction}} or | ::(ii) a recommendation to enter into such {{eqderivprov|Transaction}} or | ||
::(iii) an assurance or guarantee as to the expected results of such {{eqderivprov|Transaction}}; it being understood that information and explanations related to the terms and conditions of such {{eqderivprov|Transaction}} are made incidental to the other party’s business and shall not be considered | ::(iii) an assurance or guarantee as to the expected results of such {{eqderivprov|Transaction}}; | ||
:it being understood that information and explanations related to the terms and conditions of such {{eqderivprov|Transaction}} are made incidental to the other party’s business and shall not be considered | |||
::(A) legal, regulatory, tax, business, investments, financial, accounting or other advice, | |||
::(B) a recommendation to enter into such {{eqderivprov|Transaction}} or | |||
::(C) an assurance or guarantee as to the expected results of the {{eqderivprov|Transaction}}. | |||
::Any such communication should not be the basis on which the recipient has entered into such {{eqderivprov|Transaction}}, and should be independently confirmed by the recipient and its advisors prior to entering into the {{eqderivprov|Transaction}}; and <br> | ::Any such communication should not be the basis on which the recipient has entered into such {{eqderivprov|Transaction}}, and should be independently confirmed by the recipient and its advisors prior to entering into the {{eqderivprov|Transaction}}; and <br> | ||
:(c) the other party [[and/or]] its {{isdaprov|Affiliates}} may have banking or other commercial relationships with the issuer of the shares underlying such {{eqderivprov|Transaction}} and may engage in proprietary trading in the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) or options, futures, derivatives or other instruments relating to the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) (including such trading as such party [[and/or]] its Affiliates deem appropriate in their sole discretion to hedge their market risk on such {{eqderivprov|Transaction}} and other transactions relating to the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) between each party [[and/or]] its Affiliates and the other party or with third parties), and that such trading may affect the price of the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) and consequently the amounts payable or deliverable under such {{eqderivprov|Transaction}}. Such trading may be effected at any time, including on or near the {{eqderivprov|Valuation Date}}({{eqderivprov|s}}). <br> | :(c) the other party [[and/or]] its {{isdaprov|Affiliates}} may have banking or other commercial relationships with the issuer of the shares underlying such {{eqderivprov|Transaction}} and may engage in proprietary trading in the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) or options, futures, derivatives or other instruments relating to the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) (including such trading as such party [[and/or]] its Affiliates deem appropriate in their sole discretion to hedge their market risk on such {{eqderivprov|Transaction}} and other transactions relating to the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) between each party [[and/or]] its Affiliates and the other party or with third parties), and that such trading may affect the price of the {{eqderivprov|Shares}} or the {{eqderivprov|Index}}({{eqderivprov|es}}) (as applicable) and consequently the amounts payable or deliverable under such {{eqderivprov|Transaction}}. Such trading may be effected at any time, including on or near the {{eqderivprov|Valuation Date}}({{eqderivprov|s}}). <br> | ||