83,470
edits
Amwelladmin (talk | contribs) No edit summary |
Amwelladmin (talk | contribs) No edit summary |
||
Line 67: | Line 67: | ||
:::(i) where the {{datprov|Buyer}} has given an {{datprov|NDO Exercise Notice}} to the {{datprov|Seller}}, the exercise date specified in such {{datprov|NDO Exercise Notice}}, or, if no such date is specified, the effective date of the {{datprov|NDO Exercise Notice}}; and | :::(i) where the {{datprov|Buyer}} has given an {{datprov|NDO Exercise Notice}} to the {{datprov|Seller}}, the exercise date specified in such {{datprov|NDO Exercise Notice}}, or, if no such date is specified, the effective date of the {{datprov|NDO Exercise Notice}}; and | ||
:::(ii) where the {{datprov|Automatic Exercise Condition}} is satisfied, the {{datprov|Expiration Date}}. | :::(ii) where the {{datprov|Automatic Exercise Condition}} is satisfied, the {{datprov|Expiration Date}}. | ||
::{{datprov|2.3.7}} “'''{{datprov|Exercise Day}}s' | ::{{datprov|2.3.7}} “'''{{datprov|Exercise Day}}s'''” means, in respect of a {{datprov|Transaction}}, the days specified as such, subject to adjustment in accordance with the {{datprov|Business Day Convention}}, if applicable. | ||
::{{datprov|2.3.8}} “'''{{datprov|Exercise Period Day}}'''” means, in respect of an NDO and its {{datprov|Option Style}}, each day set out below: | ::{{datprov|2.3.8}} “'''{{datprov|Exercise Period Day}}'''” means, in respect of an NDO and its {{datprov|Option Style}}, each day set out below: | ||
::{{datprov|2.3.9}} “'''{{datprov|Exercise Window}}'''” means the period from the {{datprov|Earliest Exercise Time}} to the {{datprov|Latest Exercise Time}} on any {{datprov|Exercise Period Day}}. | ::{{datprov|2.3.9}} “'''{{datprov|Exercise Window}}'''” means the period from the {{datprov|Earliest Exercise Time}} to the {{datprov|Latest Exercise Time}} on any {{datprov|Exercise Period Day}}. |