Template:2002 ISDA Equity Derivatives Definitions 6.7(c): Difference between revisions

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(Created page with "{{eqderivprov|6.7(c)}} '''{{eqderivprov|Averaging Date Disruption}}'''. If any {{eqderivprov|Averaging Date}} is a {{eqderivprov|Disrupted Day}}, then, if under <br>"'''{{eqde...")
 
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{{eqderivprov|6.7(c)}} '''{{eqderivprov|Averaging Date Disruption}}'''. If any {{eqderivprov|Averaging Date}} is a {{eqderivprov|Disrupted Day}}, then, if under <br>"'''{{eqderivprov|Averaging Date Disruption}}'''" the consequence specified in the related Confirmation is: <br>
{{eqderivprov|6.7(c)}} '''{{eqderivprov|Averaging Date Disruption}}'''. If any {{eqderivprov|Averaging Date}} is a {{eqderivprov|Disrupted Day}}, then, if under <br>"'''{{eqderivprov|Averaging Date Disruption}}'''" the consequence specified in the related Confirmation is: <br>
:(i) "'''{{eqderivprov|Omission}}'''", then such {{eqderivprov|Averaging Date}} will be deemed not to be a relevant <br>{{eqderivprov|Averaging Date}} for purposes of determining the relevant {{eqderivprov|Settlement Price}} or {{eqderivprov|Final Price}}. If <br>through the operation of this provision no {{eqderivprov|Averaging Date}} would occur with respect to the <br>relevant {{eqderivprov|Valuation Date}}, then Section {{eqderivprov|6.6}} will apply for purposes of determining the relevant <br>level, price or amount on the final {{eqderivprov|Averaging Date}} in respect of that {{eqderivprov|Valuation Date}} as if such <br>final {{eqderivprov|Averaging Date}} were a {{eqderivprov|Valuation Date}} that was a {{eqderivprov|Disrupted Day}}; <br>
{{2002 ISDA Equity Derivatives Definitions 6.7(c)(i)}}
:(ii) "'''{{eqderivprov|Postponement}}'''", then Section {{eqderivprov|6.6}} will apply for purposes of determining the <br>relevant level, price or amount on that {{eqderivprov|Averaging Date}} as if such {{eqderivprov|Averaging Date}} were a <br>{{eqderivprov|Valuation Date}} that was a {{eqderivprov|Disrupted Day}} irrespective of whether, pursuant to such determination, <br>that deferred {{eqderivprov|Averaging Date}} would fall on a date that already is or is deemed to be an Averaging <br>Date for the {{isdaprov|Transaction}}; or <br>
:(ii) "'''{{eqderivprov|Postponement}}'''", then Section {{eqderivprov|6.6}} will apply for purposes of determining the <br>relevant level, price or amount on that {{eqderivprov|Averaging Date}} as if such {{eqderivprov|Averaging Date}} were a <br>{{eqderivprov|Valuation Date}} that was a {{eqderivprov|Disrupted Day}} irrespective of whether, pursuant to such determination, <br>that deferred {{eqderivprov|Averaging Date}} would fall on a date that already is or is deemed to be an Averaging <br>Date for the {{isdaprov|Transaction}}; or <br>
:(iii) "'''{{eqderivprov|Modified Postponement}}'''", then: <br>
:(iii) "'''{{eqderivprov|Modified Postponement}}'''", then: <br>

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