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Template:2002 ISDA Equity Derivatives Definitions 11.2(c): Difference between revisions
Template:2002 ISDA Equity Derivatives Definitions 11.2(c) (view source)
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:::(B) in respect of a {{eqderivprov|Share Forward Transaction}} or a Share Basket Forward Transaction, the {{eqderivprov|Forward Price}}, the {{eqderivprov|Forward Floor Price}}, the {{eqderivprov|Forward Cap Price}}, the Knock-in Price, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; | :::(B) in respect of a {{eqderivprov|Share Forward Transaction}} or a Share Basket Forward Transaction, the {{eqderivprov|Forward Price}}, the {{eqderivprov|Forward Floor Price}}, the {{eqderivprov|Forward Cap Price}}, the Knock-in Price, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; | ||
:::(C) in respect of a {{eqderivprov|Share Swap Transaction}} or a {{eqderivprov|Share Basket Swap Transaction}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Equity Notional Amount}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; | :::(C) in respect of a {{eqderivprov|Share Swap Transaction}} or a {{eqderivprov|Share Basket Swap Transaction}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Equity Notional Amount}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}}, and the relevant {{eqderivprov|Number of Shares}}; | ||
:and, in any case, any other variable relevant to the exercise, settlement, payment or other terms of that {{eqderivprov|Transaction}} as the {{eqderivprov|Calculation Agent}} determines appropriate to account for that diluting or concentrative effect (provided that no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant {{eqderivprov|Share}}) and | ::and, in any case, any other variable relevant to the exercise, settlement, payment or other terms of that {{eqderivprov|Transaction}} as the {{eqderivprov|Calculation Agent}} determines appropriate to account for that diluting or concentrative effect (provided that no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant {{eqderivprov|Share}}) and | ||
::(ii) determine the effective date(s) of the adjustment(s). | ::(ii) determine the effective date(s) of the adjustment(s). | ||
:The {{eqderivprov|Calculation Agent}} may (but need not) determine the appropriate adjustment(s) by reference to the adjustment(s) in respect of such {{eqderivprov|Potential Adjustment Event}} made by an options exchange to options on the relevant {{eqderivprov|Shares}} traded on such options exchange. <br> | :The {{eqderivprov|Calculation Agent}} may (but need not) determine the appropriate adjustment(s) by reference to the adjustment(s) in respect of such {{eqderivprov|Potential Adjustment Event}} made by an options exchange to options on the relevant {{eqderivprov|Shares}} traded on such options exchange. <br> | ||