Template:2002 ISDA Equity Derivatives Definitions Underlier
Section 1.13. Index. “Index” means, in respect of an Index Transaction or Index Basket Transaction, each index specified as such in the related Confirmation.
Section 1.14. Shares. “Shares” means, in respect of a Share Transaction or Share Basket Transaction, the shares or other securities specified as such in the related Confirmation.
Section 1.15. Basket. “Basket” means, in respect of an Index Basket Transaction, a basket composed of each Index specified in the related Confirmation in the relative proportions specified in the related Confirmation and, in respect of a Share Basket Transaction, a basket composed of Shares of each Issuer specified in the related Confirmation in the relative proportions or numbers of Shares of each Issuer specified in the related Confirmation.
Section 1.16. Issuer. “Issuer” means, in respect of Shares, the issuer of the relevant Shares.