Template:2006 ISDA Definitions 3.2: Difference between revisions

Template:2006 ISDA Definitions 3.2 (view source)

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	{{isdadefsprov\|3.2}}. '''{{isdadefsprov\|Effective Date}}'''. “{{isdadefsprov\|Effective Date}}” means, in respect of a {{isdadefsprov\|Swap Transaction}}, the date specified as such in the related Confirmation, which date is the first day of the {{isdadefsprov\|Term}} of the {{isdadefsprov\|Swap Transaction}}. The {{isdadefsprov\|Effective Date}} shall not be subject to adjustment in accordance with any {{isdadefsprov\|Business Day Convention}} unless the parties specify in the related {{isdadefsprov\|Confirmation}} that the {{isdadefsprov\|Effective Date}} will be adjusted in accordance with a specified {{isdadefsprov\|Business Day Convention}}. <br>		{{isdadefsprov\|3.2}}. '''{{isdadefsprov\|Effective Date}}'''. “{{isdadefsprov\|Effective Date}}” means, in respect of a {{isdadefsprov\|Swap Transaction}}, the date specified as such in the related {{isdadefsprov\|Confirmation}}, which date is the first day of the {{isdadefsprov\|Term}} of the {{isdadefsprov\|Swap Transaction}}. The {{isdadefsprov\|Effective Date}} shall not be subject to adjustment in accordance with any {{isdadefsprov\|Business Day Convention}} unless the parties specify in the related {{isdadefsprov\|Confirmation}} that the {{isdadefsprov\|Effective Date}} will be adjusted in accordance with a specified {{isdadefsprov\|Business Day Convention}}. <br>