Template:2002 ISDA Equity Derivatives Definitions 1.40: Difference between revisions

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Revision as of 08:55, 13 November 2012 (view source) Amwelladmin (talk \| contribs) (Created page with "Section {{eqderivprov\|1.40}}. '''{{eqderivprov\|Calculation Agent}}'''. "'''{{eqderivprov\|Calculation Agent}}'''" means the person or entity specified as <br>such in the relate...")		Latest revision as of 11:44, 13 April 2017 (view source) Amwelladmin (talk \| contribs) No edit summary
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	Section {{eqderivprov\|1.40}}. '''{{eqderivprov\|Calculation Agent}}'''. "'''{{eqderivprov\|Calculation Agent}}'''" means the person or entity specified as ~~<br>~~such in the related {{eqderivprov\|Confirmation}}. Whenever a {{eqderivprov\|Calculation Agent}} is required to act or to exercise ~~<br>~~judgment in any way, it will do so in good faith and in a commercially reasonable manner. Furthermore, ~~<br>~~each party agrees that the {{eqderivprov\|Calculation Agent}} is not acting as a fiduciary for or as an advisor to such party ~~<br>~~in respect of its duties as {{eqderivprov\|Calculation Agent}} in connection with any {{eqderivprov\|Transaction}}. <br>		Section {{eqderivprov\|1.40}}. '''{{eqderivprov\|Calculation Agent}}'''. “'''{{eqderivprov\|Calculation Agent}}'''” means the person or entity specified as such in the related {{eqderivprov\|Confirmation}}. Whenever a {{eqderivprov\|Calculation Agent}} is required to act or to exercise judgment in any way, it will do so in good faith and in a commercially reasonable manner. Furthermore, each party agrees that the {{eqderivprov\|Calculation Agent}} is not acting as a fiduciary for or as an advisor to such party in respect of its duties as {{eqderivprov\|Calculation Agent}} in connection with any {{eqderivprov\|Transaction}}. <br>