Successor Indices - Equity Derivatives Provision: Difference between revisions

Revision as of 14:39, 12 November 2012

Revision as of 14:39, 12 November 2012 (view source) Amwelladmin (talk \| contribs) (Created page with "{{eqderivprov\|11(a)}} ['''{{eqderivprov\|Successor Indices}}''']. If, in respect of an {{eqderivprov\|Index Transaction}} or {{eqderivprov\|Index Basket Transaction}}, a relevant...")		Revision as of 14:39, 12 November 2012 (view source) Amwelladmin (talk \| contribs) (Replaced content with "{{eqderivprov\|edp\|11.1(a)}}") Newer edit →
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	{{eqderivprov\|11~~(a)}} ['''{{eqderivprov\|Successor Indices}}''']~~. ~~If, in respect of an {{eqderivprov\|Index Transaction}} or {{eqderivprov\|Index Basket Transaction}}, a relevant Index is~~ (~~i) <br>not calculated and announced by the {{eqderivprov\|Index Sponsor}} but is calculated and announced by~~ a ~~successor <br>sponsor acceptable to the {{eqderivprov\|Calculation Agent}}, or (ii~~) ~~replaced by a successor index using, in the <br>determination of the {{eqderivprov\|Calculation Agent~~}}, the same or a substantially similar formula for and method of <br>calculation as used in the calculation of that {{eqderivprov\|Index}}, then in each case that index (the "{{eqderivprov\|Successor Index}}") <br>will be deemed to be the {{eqderivprov\|Index}}. <br>		{{eqderivprov\|edp\|11.1(a)}}