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Section {{eqderivprov|5.9}}. '''{{eqderivprov|Final Price}}'''. | Section {{eqderivprov|5.9}}. '''{{eqderivprov|Final Price}}'''. “'''{{eqderivprov|Final Price}}'''” means, in respect of each {{eqderivprov|Valuation Date}}: | ||
:(a) in respect of an {{eqderivprov|Index Swap Transaction}}, the level of the {{eqderivprov|Index}} determined by the | :{{eqderivprov|5.9(a)}} in respect of an {{eqderivprov|Index Swap Transaction}}, the level of the {{eqderivprov|Index}} determined by the {{eqderivprov|Calculation Agent}} as provided in the related {{eqderivprov|Confirmation}} as of the {{eqderivprov|Valuation Time}} on the Valuation Date or, if no means for determining the {{eqderivprov|Final Price}} are so provided, the level of the {{eqderivprov|Index}} as of the {{eqderivprov|Valuation Time}} on the {{eqderivprov|Valuation Date}}; | ||
:(b) in respect of a {{eqderivprov|Share Swap Transaction}}, the price per {{eqderivprov|Share}} determined by the | :{{eqderivprov|5.9(b)}} in respect of a {{eqderivprov|Share Swap Transaction}}, the price per {{eqderivprov|Share}} determined by the {{eqderivprov|Calculation Agent}} as provided in the related {{eqderivprov|Confirmation}} as of the {{eqderivprov|Valuation Time}} on the Valuation Date or, if no means for determining the {{eqderivprov|Final Price}} are so provided: | ||
:(c) in respect of an {{eqderivprov|Index Basket Swap Transaction}}, an amount for the {{eqderivprov|Basket}} determined by | ::(i) in respect of any {{eqderivprov|Share}} for which the {{eqderivprov|Exchange}} is an auction or “open outcry” exchange that has a price as of the {{eqderivprov|Valuation Time}} at which any trade can be submitted for execution, the {{eqderivprov|Final Price}} shall be the price per {{eqderivprov|Share}} as of the Valuation Time on the {{eqderivprov|Valuation Date}}, as reported in the official real-time price dissemination mechanism for such {{eqderivprov|Exchange}}; and | ||
:(d) in respect of a {{eqderivprov|Share Basket Swap Transaction}}, an amount for the {{eqderivprov|Basket}} determined by | ::(ii) in respect of any {{eqderivprov|Share}} for which the {{eqderivprov|Exchange}} is a dealer exchange or dealer quotation system, the {{eqderivprov|Final Price}} shall be the mid-point of the highest bid and lowest ask prices quoted as of the {{eqderivprov|Valuation Time}} on the {{eqderivprov|Valuation Date}} (or the last such prices quoted immediately before the {{eqderivprov|Valuation Time}}), without regard to quotations that “lock” or “cross” the dealer exchange or dealer quotation system; | ||
:{{eqderivprov|5.9(c)}} in respect of an {{eqderivprov|Index Basket Swap Transaction}}, an amount for the {{eqderivprov|Basket}} determined by the {{eqderivprov|Calculation Agent}} as provided in the related {{eqderivprov|Confirmation}} as of the relevant {{eqderivprov|Valuation Time}}(s) on the {{eqderivprov|Valuation Date}} or, if no means for determining the {{eqderivprov|Final Price}} are so provided, an amount for the {{eqderivprov|Basket}} equal to the sum of the {{eqderivprov|Relevant Prices}} (weighted or adjusted in relation to each {{eqderivprov|Index}} as provided in the related {{eqderivprov|Confirmation}}) for the {{eqderivprov|Indices}} comprised in the {{eqderivprov|Basket}}; and | |||
:{{eqderivprov|5.9(d)}} in respect of a {{eqderivprov|Share Basket Swap Transaction}}, an amount for the {{eqderivprov|Basket}} determined by the {{eqderivprov|Calculation Agent}} as provided in the related {{eqderivprov|Confirmation}} as of the relevant {{eqderivprov|Valuation Time}}(s) on the {{eqderivprov|Valuation Date}} or, if no means for determining the {{eqderivprov|Final Price}} are so provided, an amount for the {{eqderivprov|Basket}} equal to the sum of the values for the {{eqderivprov|Shares}} of each {{eqderivprov|Issuer}} as the product of | |||
::(i) the {{eqderivprov|Relevant Price}} of such {{eqderivprov|Share}} and | |||
::(ii) the relevant {{eqderivprov|Number of Shares}} comprised in the {{eqderivprov|Basket}}. |