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

:::(A) in the case of an {{eqderivprov|Index Transaction}} or a {{eqderivprov|Share Transaction}}, the <br>{{eqderivprov|Averaging Date}} shall be the first succeeding {{eqderivprov|Valid Date}}. If the first succeeding Valid <br>Date has not occurred as of the {{eqderivprov|Valuation Time}} on the eighth {{eqderivprov|Scheduled Trading Day}} <br>immediately following the original date that, but for the occurrence of another Averaging <br>Date or {{eqderivprov|Disrupted Day}}, would have been the final {{eqderivprov|Averaging Date}} in respect of the <br>relevant {{eqderivprov|Scheduled Valuation Date}}, then (1) that eighth {{eqderivprov|Scheduled Trading Day}} shall be <br>deemed the {{eqderivprov|Averaging Date}} (irrespective of whether that eighth {{eqderivprov|Scheduled Trading Day}} <br>is already an {{eqderivprov|Averaging Date}}), and (2) the {{isdaprov|Calculation Agent}} shall determine the relevant <br>level or price for that {{eqderivprov|Averaging Date}} in accordance with Section {{eqderivprov|6.6}}; <br>

:::(B) in the case of an {{eqderivprov|Index Basket Transaction}} or a Share Basket <br>Transaction, the {{eqderivprov|Averaging Date}} for each {{eqderivprov|Index}} or {{eqderivprov|Share}} not affected by the occurrence <br>of a {{eqderivprov|Disrupted Day}} shall be the date specified in the {{eqderivprov|Confirmation}} as an {{eqderivprov|Averaging Date}} <br>in respect of the relevant {{eqderivprov|Valuation Date}} and the {{eqderivprov|Averaging Date}} for an {{eqderivprov|Index}} or {{eqderivprov|Share}} <br>affected by the occurrence of a {{eqderivprov|Disrupted Day}} shall be the first succeeding {{eqderivprov|Valid Date}} in <br>relation to such {{eqderivprov|Index}} or {{eqderivprov|Share}}. If the first succeeding {{eqderivprov|Valid Date}} in respect of such <br>{{eqderivprov|Index}} or {{eqderivprov|Share}} has not occurred as of the {{eqderivprov|Valuation Time}} on the eighth Scheduled <br>Trading Day immediately following the original date that, but for the occurrence of <br>another {{eqderivprov|Averaging Date}} or {{eqderivprov|Disrupted Day}}, would have been the final {{eqderivprov|Averaging Date}} in <br>relation to the relevant {{eqderivprov|Scheduled Valuation Date}}, then (1) that eighth Scheduled Trading <br>Day shall be deemed to be the {{eqderivprov|Averaging Date}} (irrespective of whether that eighth <br>{{eqderivprov|Scheduled Trading Day}} is already an {{eqderivprov|Averaging Date}}) in respect of such {{eqderivprov|Index}} or {{eqderivprov|Share}}, <br>and (2) the {{isdaprov|Calculation Agent}} shall determine the relevant level, price or amount for that <br>{{eqderivprov|Averaging Date}} in accordance with Section {{eqderivprov|6.6}}; and <br>