Template:2002 ISDA Equity Derivatives Definitions 6.8(e): Difference between revisions

:{{eqderivprov|6.8(e)}} '''{{eqderivprov|Non-Commencement or Discontinuance of the Exchange-traded Contract}}'''. If there <br>is no {{eqderivprov|Official Settlement Price}} as a result of the fact that trading in the {{eqderivprov|Exchange-traded Contract}} never <br>commences or is permanently discontinued at any time on or prior to a {{eqderivprov|Valuation Date}}, the Official <br>Settlement Price for that {{eqderivprov|Valuation Date}} shall be deemed to be the level of the relevant {{eqderivprov|Index}} at the close <br>of the regular trading session on the relevant {{eqderivprov|Exchange}} on the {{eqderivprov|Valuation Date}}. If this Section {{eqderivprov|6.8(e)}} <br>applies, then the {{eqderivprov|Expiration Date}}, in respect of an {{eqderivprov|Option Transaction}}, or the relevant {{eqderivprov|Valuation Date}}, in <br>respect of a {{eqderivprov|Forward Transaction}} or an {{eqderivprov|Equity Swap Transaction}}, shall mean the date that, but for the <br>non-commencement or permanent discontinuance of the {{eqderivprov|Exchange-traded Contract}}, would have been the <br>date of publishing the relevant {{eqderivprov|Official Settlement Price}} unless such day is a {{eqderivprov|Disrupted Day}}, in which <br>case the provisions of Sections {{eqderivprov|3.1(f)}} or {{eqderivprov|6.6}}, as applicable, will apply. <br>