Template:2002 ISDA Equity Derivatives Definitions 12.8(g): Difference between revisions

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:{{eqderivprov|12.8(g)}} Commercially reasonable procedures used in determining a {{eqderivprov|Cancellation Amount}} may <br>include the following: <br>
:{{eqderivprov|12.8(g)}} Commercially reasonable procedures used in determining a {{eqderivprov|Cancellation Amount}} may include the following: <br>
::(i) application to relevant market data from third parties pursuant to Section <br>{{eqderivprov|12.8(c)(ii)}} above or information from internal sources pursuant to Section {{eqderivprov|12.8(c)(iii)}} above of <br>pricing or other valuation models that are, at the time of the determination of the Cancellation <br>Amount, used by the {{eqderivprov|Determining Party}} in the regular course of its business in pricing or valuing <br>transactions between the {{eqderivprov|Determining Party}} and unrelated third parties that are similar to the <br>relevant {{eqderivprov|Transaction}}; and <br>
::(i) application to relevant market data from third parties pursuant to Section {{eqderivprov|12.8(c)(ii)}} above or information from internal sources pursuant to Section {{eqderivprov|12.8(c)(iii)}} above of pricing or other valuation models that are, at the time of the determination of the Cancellation Amount, used by the {{eqderivprov|Determining Party}} in the regular course of its business in pricing or valuing transactions between the {{eqderivprov|Determining Party}} and unrelated third parties that are similar to the relevant {{eqderivprov|Transaction}}; and <br>
::(ii) application of different valuation methods to the relevant {{eqderivprov|Transaction}} depending <br>on the type, complexity or size of the relevant {{eqderivprov|Transaction}}. <br>
::(ii) application of different valuation methods to the relevant {{eqderivprov|Transaction}} depending on the type, complexity or size of the relevant {{eqderivprov|Transaction}}. <br>

Revision as of 16:32, 11 August 2014

12.8(g) Commercially reasonable procedures used in determining a Cancellation Amount may include the following:
(i) application to relevant market data from third parties pursuant to Section 12.8(c)(ii) above or information from internal sources pursuant to Section 12.8(c)(iii) above of pricing or other valuation models that are, at the time of the determination of the Cancellation Amount, used by the Determining Party in the regular course of its business in pricing or valuing transactions between the Determining Party and unrelated third parties that are similar to the relevant Transaction; and
(ii) application of different valuation methods to the relevant Transaction depending on the type, complexity or size of the relevant Transaction.