Template:2002 ISDA Equity Derivatives Definitions 3.4(b): Difference between revisions

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:{{eqderivprov|3.4(b)}} where “'''{{eqderivprov|Physical Settlement}}'''” is applicable, at the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} if at such time the {{eqderivprov|Option}} is In-the-Money, as determined by the {{eqderivprov|Calculation Agent}}, unless {{eqderivprov|Buyer}} notifies {{eqderivprov|Seller}} or, if applicable, {{eqderivprov|Seller’s Agent}} (by telephone or in writing) prior to the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} that it does not wish {{eqderivprov|Automatic Exercise}} to occur, in which case {{eqderivprov|Automatic Exercise}} will not apply.
:{{eqderivprov|3.4(b)}} where “'''{{eqderivprov|Physical Settlement}}'''” is applicable, at the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} if at such time the {{eqderivprov|Option}} is {{eqderivprov|In-the-Money}}, as determined by the {{eqderivprov|Calculation Agent}}, unless {{eqderivprov|Buyer}} notifies {{eqderivprov|Seller}} or, if applicable, {{eqderivprov|Seller’s Agent}} (by telephone or in writing) prior to the {{eqderivprov|Expiration Time}} on the {{eqderivprov|Expiration Date}} that it does not wish {{eqderivprov|Automatic Exercise}} to occur, in which case {{eqderivprov|Automatic Exercise}} will not apply.