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Template:2002 ISDA Equity Derivatives Definitions 12.7(b): Difference between revisions
Template:2002 ISDA Equity Derivatives Definitions 12.7(b) (view source)
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::::(e) a term of the {{eqderivprov|Option Transaction}} from the {{eqderivprov|Announcement Date}} to the {{eqderivprov|Expiration Date}}. <br> | ::::(e) a term of the {{eqderivprov|Option Transaction}} from the {{eqderivprov|Announcement Date}} to the {{eqderivprov|Expiration Date}}. <br> | ||
:::(2) a value for the {{eqderivprov|Option Transaction}} (or portion thereof) based on the factors listed in (1)(a)-(e) above, except with a volatility equal to the average of the {{eqderivprov|Implied Volatilities}} of the relevant {{eqderivprov|Shares}} on each of the 15 Exchange Business Days commencing on and including the {{eqderivprov|Announcement Date}}. <br> | :::(2) a value for the {{eqderivprov|Option Transaction}} (or portion thereof) based on the factors listed in (1)(a)-(e) above, except with a volatility equal to the average of the {{eqderivprov|Implied Volatilities}} of the relevant {{eqderivprov|Shares}} on each of the 15 Exchange Business Days commencing on and including the {{eqderivprov|Announcement Date}}. <br> | ||
:12.7(b)(ii) If "'''{{eqderivprov|Calculation Agent Determination}}'''" is specified in the related {{eqderivprov|Confirmation}} to be applicable to such {{eqderivprov|Transaction}}, then the amount will be determined by the {{eqderivprov|Calculation Agent}}, which determination may, but need not, be based on the factors and adjustments set forth in paragraph (i) above. <br> | |||