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:::(2) a value for the relevant portion of the {{eqderivprov|Option Transaction}} based on the factors listed in (1)(a)-(e) above, but with an average {{eqderivprov|Implied Volatility}} over the 15 {{eqderivprov|Exchange Business Day}}s from the {{eqderivprov|Announcement Date}}. <br> | :::(2) a value for the relevant portion of the {{eqderivprov|Option Transaction}} based on the factors listed in (1)(a)-(e) above, but with an average {{eqderivprov|Implied Volatility}} over the 15 {{eqderivprov|Exchange Business Day}}s from the {{eqderivprov|Announcement Date}}. <br> | ||
:{{eqderivprov|12.7(b)(ii)}} If “'''{{eqderivprov|Calculation Agent Determination}}'''” applies, then the {{eqderivprov|Calculation Agent}} will determine the amount. <br> | :{{eqderivprov|12.7(b)(ii)}} If “'''{{eqderivprov|Calculation Agent Determination}}'''” applies, then the {{eqderivprov|Calculation Agent}} will determine the amount. <br> | ||
{{eqderivprov|12.7(c)}} Any {{eqderivprov|Forward Transaction}} or {{eqderivprov|Equity Swap Transaction}}, will be cancelled and the {{eqderivprov|Cancellation Amount}} determined as follows: <br> | {{eqderivprov|12.7(c)}} '''{{eqderivprov|Forward Transaction}}s and {{eqderivprov|Equity Swap Transaction}}s''': Any {{eqderivprov|Forward Transaction}} or {{eqderivprov|Equity Swap Transaction}}, will be cancelled and the {{eqderivprov|Cancellation Amount}} determined as follows: <br> | ||
:(i) where there is one {{eqderivprov|Determining Party}}, it will calculate the {{eqderivprov|Cancellation Amount}} and who has to pay it. <br> | :(i) where there is one {{eqderivprov|Determining Party}}, it will calculate the {{eqderivprov|Cancellation Amount}} and who has to pay it. <br> | ||
:(ii) where there are two {{eqderivprov|Determining Parties}}, each will calculate a {{eqderivprov|Cancellation Amount}} and they will split the difference.<br> | :(ii) where there are two {{eqderivprov|Determining Parties}}, each will calculate a {{eqderivprov|Cancellation Amount}} and they will split the difference.<br> |