Template:2002 ISDA Equity Derivatives Definitions 10.1(final): Difference between revisions

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Any "'''gross cash dividend'''" shall represent a sum before the withholding or deduction of taxes at <br>the source by or on behalf of any applicable authority having power to tax in respect of such a dividend, <br>and shall exclude any imputation or other credits, refunds or deductions granted by any applicable <br>authority having power to tax in respect of such dividend and any taxes, credits, refunds or benefits <br>imposed, withheld, assessed or levied thereon. In addition, "'''gross cash dividends'''" shall exclude <br>{{eqderivprov|Extraordinary Dividends}} and {{eqderivprov|Excess Dividend Amounts}}, if any, unless otherwise provided in the related <br>{{eqderivprov|Confirmation}}. <br>
Any "'''{{eqderivprov|gross cash dividend}}'''" shall represent a sum before the withholding or deduction of taxes at <br>the source by or on behalf of any applicable authority having power to tax in respect of such a dividend, <br>and shall exclude any imputation or other credits, refunds or deductions granted by any applicable <br>authority having power to tax in respect of such dividend and any taxes, credits, refunds or benefits <br>imposed, withheld, assessed or levied thereon. In addition, "'''gross cash dividends'''" shall exclude <br>{{eqderivprov|Extraordinary Dividends}} and {{eqderivprov|Excess Dividend Amounts}}, if any, unless otherwise provided in the related <br>{{eqderivprov|Confirmation}}. <br>