Template:2002 ISDA Equity Derivatives Definitions 3.3(b): Difference between revisions

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:{{eqderivprov|3.3(b)}} Notwithstanding the foregoing, on any such {{eqderivprov|Scheduled Trading Day Buyer}} may exercise any number of {{eqderivprov|Options}} that does not exceed the Maximum Number of Options if it exercises all the {{eqderivprov|Options}} remaining unexercised. On the {{eqderivprov|Expiration Date}}, {{eqderivprov|Buyer}} may exercise any number of {{eqderivprov|Options}} remaining unexercised.
:{{eqderivprov|3.3(b)}} Notwithstanding the foregoing, on any such {{eqderivprov|Scheduled Trading Day Buyer}} may exercise any number of {{eqderivprov|Options}} that does not exceed the Maximum Number of Options if it exercises all the {{eqderivprov|Options}} remaining unexercised. On the {{eqderivprov|Expiration Date}}, {{eqderivprov|Buyer}} may exercise any number of {{eqderivprov|Options}} remaining unexercised. <br>
:{{eqderivprov|3.3(c)}} “'''{{eqderivprov|Minimum Number of Options}}'''” means, in respect of an {{eqderivprov|Option Transaction}} to which {{eqderivprov|Multiple Exercise}} is applicable, the number specified as such in the related {{eqderivprov|Confirmation}}.
:{{eqderivprov|3.3(d)}} “'''{{eqderivprov|Maximum Number of Options}}'''” means, in respect of an {{eqderivprov|Option Transaction}} to which {{eqderivprov|Multiple Exercise}} is applicable, the number specified as such in the related {{eqderivprov|Confirmation}}. <br>