element <sixtyBusinessDaySettlementCap> (local)

Namespace: | http://www.fpml.org/FpML-5/recordkeeping
Type: | xsd:boolean
Content: | simple
Defined: | locally witnin PhysicalSettlementTerms complexType in fpml-cd-5-3.xsd; see XML source

Content Model Diagram

XML Representation Summary
<sixtyBusinessDaySettlementCap>
| Content: | { xsd:boolean }
</sixtyBusinessDaySettlementCap>

Included in content model of elements (1):

  physicalSettlementTerms

Annotation
If this element is specified and set to 'true', for a transaction documented under the 2003 ISDA Credit Derivatives Definitions, has the effect of incorporating the language set forth below into the confirmation. The section references are to the 2003 ISDA Credit Derivatives Definitions. Notwithstanding Section 1.7 or any provisions of Sections 9.9 or 9.10 to the contrary, but without prejudice to Section 9.3 and (where applicable) Sections 9.4, 9.5 and 9.6, if the Termination Date has not occurred on or prior to the date that is 60 Business Days following the Physical Settlement Date, such 60th Business Day shall be deemed to be the Termination Date with respect to this Transaction except in relation to any portion of the Transaction (an "Affected Portion") in respect of which: (1) a valid notice of Buy-in Price has been delivered that is effective fewer than three Business Days prior to such 60th Business Day, in which case the Termination Date for that Affected Portion shall be the third Business Day following the date on which such notice is effective; or (2) Buyer has purchased but not Delivered Deliverable Obligations validly specified by Seller pursuant to Section 9.10(b), in which case the Termination Date for that Affected Portion shall be the tenth Business Day following the date on which Seller validly specified such Deliverable Obligations to Buyer.
XML Source (w/o annotations (1); see within schema source)

<xsd:element minOccurs="0" name="sixtyBusinessDaySettlementCap" type="xsd:boolean"/>

XML schema documentation generated with DocFlex/XML 1.8.6b2 using DocFlex/XML XSDDoc 2.5.1 template set. All content model diagrams generated by Altova XMLSpy via DocFlex/XML XMLSpy Integration.