Template:Nutshell Equity Derivatives Calculation Agent, Determining Party and Hedging Party

From The Jolly Contrarian
Jump to navigation Jump to search

1.40. The “Calculation Agent” will be specified in the Confirmation. It 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.


12.8(f): The Determining Party will be specified in the confirmation.

12.9(a)(ix)Hedging Party”: The party specified as such in the Confirmation or, if none, either party;