Template:Nutshell Equity Derivatives 1.40: Difference between revisions
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Section {{eqderivprov|1.40}}. “'''{{eqderivprov|Calculation Agent}}'''” | Section {{eqderivprov|1.40}}. “'''{{eqderivprov|Calculation Agent}}'''” will be specified in the {{eqderivprov|Confirmation}}. The {{eqderivprov|Calculation Agent}} must exercise its judgment in [[in good faith]] and in a [[commercially reasonable manner]] but, when doing so, is neither [[fiduciary]] nor advisor to either party. <br> | ||
Revision as of 20:32, 3 August 2020
Section 1.40. “Calculation Agent” will be specified in the Confirmation. The Calculation Agent must exercise its judgment in in good faith and in a commercially reasonable manner but, when doing so, is neither fiduciary nor advisor to either party.