Template:Nutshell Equity Derivatives 6.7(c)(iii): Difference between revisions

::{{eqderivprov|6.7(c)(iii)}} “'''{{eqderivprov|Modified Postponement}}'''”, then:  

:::(A) '''{{eqderivprov|Index Transaction}}s and {{eqderivprov|Share Transaction}}s''': The {{eqderivprov|Averaging Date}} will be the next {{eqderivprov|Valid Date}}, though if one has not occurred by the {{eqderivprov|Valuation Time}} on the eighth {{eqderivprov|Scheduled Trading Day}} following the originally disrupted {{eqderivprov|Averaging Date}} or {{eqderivprov|Disrupted Day}}:  

::::(2) the {{isdaprov|Calculation Agent}} will determine the relevant level  for that {{eqderivprov|Averaging Date}} per Section {{eqderivprov|6.6}};  

:::(B) '''{{eqderivprov|Index Basket Transaction}}s or {{eqderivprov|Share Basket Transaction}}s''': the {{eqderivprov|Averaging Date}} for each unaffected {{eqderivprov|Index}} or {{eqderivprov|Share}} will be as specified in the {{eqderivprov|Confirmation}} as an {{eqderivprov|Averaging Date}} for tat  {{eqderivprov|Valuation Date}} and the {{eqderivprov|Averaging Date}} for a disrupted {{eqderivprov|Index}} or {{eqderivprov|Share}} will be the next {{eqderivprov|Valid Date}} for the {{eqderivprov|Index}} or {{eqderivprov|Share}}. However if the next {{eqderivprov|Valid Date}} for the {{eqderivprov|Index}} or {{eqderivprov|Share}} has not occurred by the {{eqderivprov|Valuation Time}} on that eighth following {{eqderivprov|Scheduled Trading Day}} then:

::::(2) the {{isdaprov|Calculation Agent}} will determine the relevant level under Section {{eqderivprov|6.6}}; and  

:::(C) “'''{{eqderivprov|Valid Date}}'''” means an undisrupted {{eqderivprov|Scheduled Trading Day}} on which another {{eqderivprov|Averaging Date}} for the same {{eqderivprov|Valuation Date}} does not occur. <br>