Definition Type: ComplexType
Name: CancelableProvision
Namespace: http://www.fpml.org/2008/FpML-4-5
Containing Schema: fpml-ird-4-5.xsd
Abstract False
Documentation:
A type defining the right of a party to cancel a swap transaction on the specified exercise dates. The provision is for 'walkaway' cancellation (i.e. the fair value of the swap is not paid). A fee payable on exercise can be specified.
Collapse XSD Schema Diagram:
Drilldown into initialFee Drilldown into finalCalculationPeriodDateAdjustment Drilldown into cancelableProvisionAdjustedDates Drilldown into followUpConfirmation Drilldown into exerciseNotice Drilldown into exercise Drilldown into sellerPartyReference Drilldown into buyerPartyReferenceXSD Diagram of CancelableProvision
Collapse XSD Schema Code:
<xsd:complexType name="CancelableProvision">
    <xsd:annotation>
        <xsd:documentation xml:lang="en">A type defining the right of a party to cancel a swap transaction on the specified exercise dates. The provision is for 'walkaway' cancellation (i.e. the fair value of the swap is not paid). A fee payable on exercise can be specified.</xsd:documentation>
    </xsd:annotation>
    <xsd:sequence>
        <xsd:group ref="BuyerSeller.model" />
        <xsd:element ref="exercise" />
        <xsd:element name="exerciseNotice" type="ExerciseNotice" minOccurs="0">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">Definition of the party to whom notice of exercise should be given.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="followUpConfirmation" type="xsd:boolean">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">A flag to indicate whether follow-up confirmation of exercise (written or electronic) is required following telephonic notice by the buyer to the seller or seller's agent.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="cancelableProvisionAdjustedDates" type="CancelableProvisionAdjustedDates" minOccurs="0">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">The adjusted dates associated with a cancelable provision. These dates have been adjusted for any applicable business day convention.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="finalCalculationPeriodDateAdjustment" type="FinalCalculationPeriodDateAdjustment" minOccurs="0" maxOccurs="unbounded">
            <xsd:annotation>
                <xsd:documentation>Business date convention adjustment to final payment period per leg (swapStream) upon exercise event. The adjustments can be made in-line with leg level BDC's or they can be specified seperately.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
        <xsd:element name="initialFee" type="SimplePayment" minOccurs="0">
            <xsd:annotation>
                <xsd:documentation xml:lang="en">An initial fee for the cancelable option.</xsd:documentation>
            </xsd:annotation>
        </xsd:element>
    </xsd:sequence>
</xsd:complexType>
Collapse Child Elements:
Name Type Min Occurs Max Occurs
buyerPartyReference fpml:buyerPartyReference (1) (1)
sellerPartyReference fpml:sellerPartyReference (1) (1)
exercise fpml:exercise (1) (1)
exerciseNotice fpml:exerciseNotice 0 (1)
followUpConfirmation fpml:followUpConfirmation (1) (1)
cancelableProvisionAdjustedDates fpml:cancelableProvisionAdjustedDates 0 (1)
finalCalculationPeriodDateAdjustment fpml:finalCalculationPeriodDateAdjustment 0 unbounded
initialFee fpml:initialFee 0 (1)
<xs:group> fpml:BuyerSeller.model (1) (1)
Collapse Derivation Tree:
Collapse References:
fpml:cancelableProvision
Collapse Comments:
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