Digital Assests Transactions Wikitext: Difference between revisions

::::(a) either:

:::::(I) the {{datprov|Buyer}} has given an {{datprov|NDO Exercise Notice}} to the {{datprov|Seller}} or, if applicable, the {{datprov|Seller}}'s {{datprov|Designated Agent}} during an {{datprov|Exercise Window}} to exercise the NDO; or

:::(ii) THEN the {{datprov|Seller}} will pay the {{datprov|Option Cash Settlement Amount}} to the {{datprov|Buyer}} on the {{datprov|Settlement Date}}.

::{{datprov|2.2.5}} '''{{datprov|Corrections of the Settlement Price}}'''

:::(ii) in respect of any other {{datprov|Settlement Price Source}}, the {{datprov|Settlement Price Source Location}} as specified (or any successor location). <br>

::{{datprov|2.3.29}} “'''{{datprov|Settlement Price Source Provider}}'''” means the entity responsible for the publication of the {{datprov|Settlement Price Source}} at the {{datprov|Settlement Price Source Location}}.<br>

::{{datprov|2.3.31}} “'''{{datprov|Strike Price}}'''” means, in respect of a {{datprov|Transaction}}, the price specified as such, which is expressed as an amount of {{datprov|Price Source Currency}}.<br>

::{{datprov|2.3.32}} “'''{{datprov|Valuation Date}}'''” means, where a date is specified as the “'''{{datprov|Valuation Date}}'''” in respect of a {{datprov|Transaction}}, such date, or, in the case of an NDO where no date is specified as such, the {{datprov|Exercise Date}}, or, in either case, where that date is not a {{datprov|Relevant Day}} or is not a {{datprov|Scheduled Publication Day}}, the {{datprov|Valuation Date}} will be the next {{datprov|Scheduled Publication Day}} that is also a {{datprov|Relevant Day}}. In all cases, the {{datprov|Valuation Date}} remains subject to adjustment in accordance with any applicable {{datprov|Disruption Fallback}}. <br>

::{{datprov|2.3.33}} “'''{{datprov|Valuation Time}}'''” means, in respect of a {{datprov|Transaction}}, the time specified as such, as adjusted in accordance with any applicable {{datprov|Disruption Fallback}}.<br>