82,927
edits
Amwelladmin (talk | contribs) (Created page with ":{{eqderivprov|6.7(d)}} {{eqderivprov|Adjustments of the Exchange-traded Contract}}. Without duplication of Section {{eqderivprov|11.1}} <br>(which shall govern in the event o...") |
Amwelladmin (talk | contribs) No edit summary |
||
(4 intermediate revisions by the same user not shown) | |||
Line 1: | Line 1: | ||
:{{eqderivprov|6.7(d)}} {{ | :{{eqderivprov|6.7(d)}} '''{{p|eq|Adjustments of the Exchange-traded Contract (Averaging)|Adjustments of the Exchange-traded Contract}}'''. Without duplication of Section {{eqderivprov|11.1}} (which [[shall]] govern [[in the event of]] any conflict), [[in the event that]] the terms of the {{eqderivprov|Exchange-traded Contract}} are changed or modified by the {{eqderivprov|Exchange}}, the {{eqderivprov|Calculation Agent}} [[shall]], if necessary, adjust [[one or more]] of the {{eqderivprov|Strike Price}}, the {{eqderivprov|Number of Options}}, the {{eqderivprov|Initial Price}}, the {{eqderivprov|Forward Price}}, the {{eqderivprov|Forward Floor Price}}, the {{eqderivprov|Forward Cap Price}}, the {{eqderivprov|Knock-in Price}}, the {{eqderivprov|Knock-out Price}} [[and/or]] any other variable [[relevant]] to the settlement terms of the {{eqderivprov|Transaction}} to preserve for each party the economic equivalent of any payment or payments (assuming satisfaction of each applicable condition precedent) by the parties in respect of the {{eqderivprov|Transaction}} that would have been required after the date of such change. <br> |