Template:2002 ISDA Equity Derivatives Definitions 6.7(b): Difference between revisions

{{eqderivprov|6.7(b)}} '''{{eqderivprov|Settlement Price and Final Price}}'''. For purposes of determining the Settlement Price or <br>the {{eqderivprov|Final Price}}, as the case may be, in respect of a {{eqderivprov|Valuation Date}}, the {{eqderivprov|Settlement Price}} or the {{eqderivprov|Final Price}} <br>will be:

:(i) in respect of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Cash-settled}} {{eqderivprov|Share Transaction}}, the <br>arithmetic mean of the {{eqderivprov|Relevant Prices}} of the {{eqderivprov|Index}} or the {{eqderivprov|Shares}} on each {{eqderivprov|Averaging Date}}; <br>

:(ii) in respect of an {{eqderivprov|Index Basket Transaction}}, the arithmetic mean of the amounts <br>for the {{eqderivprov|Basket}} determined by the {{eqderivprov|Calculation Agent}} as provided in the related {{eqderivprov|Confirmation}} as of <br>the relevant {{eqderivprov|Valuation Time}}(s) on each {{eqderivprov|Averaging Date}} or, if no means for determining the <br>{{eqderivprov|Settlement Price}} or the {{eqderivprov|Final Price}} are so provided, the arithmetic mean of the amounts for the <br>{{eqderivprov|Basket}} calculated on each {{eqderivprov|Averaging Date}} as the sum of the {{eqderivprov|Relevant Prices}} of each {{eqderivprov|Index}} <br>comprised in the {{eqderivprov|Basket}} (weighted or adjusted in relation to each {{eqderivprov|Index}} as provided in the related {{eqderivprov|Confirmation}}); and <br>

:(iii) in respect of a {{eqderivprov|Cash-settled}} {{eqderivprov|Share Basket Transaction}}, the arithmetic mean of the <br>amounts for the {{eqderivprov|Basket}} determined by the {{eqderivprov|Calculation Agent}} as provided in the related <br>{{eqderivprov|Confirmation}} as of the relevant {{eqderivprov|Valuation Time}}(s) on each {{eqderivprov|Averaging Date}} or, if no means for <br>determining the {{eqderivprov|Settlement Price}} or the {{eqderivprov|Final Price}} are so provided, the arithmetic mean of the <br>amounts for the {{eqderivprov|Basket}} calculated on each {{eqderivprov|Averaging Date}} as the sum of the values calculated for <br>the {{eqderivprov|Shares}} of each {{eqderivprov|Issuer}} as the product of (A) the {{eqderivprov|Relevant Price}} of such {{eqderivprov|Share}} and (B) the <br>relevant {{eqderivprov|Number}} of {{eqderivprov|Shares}} comprised in the {{eqderivprov|Basket}}. <br>