CancelableProvision

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.

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Field	Type	Description	Print form title	FFSM title	Properties	Conditions
buyerPartyReference	PartyReference	A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.	Buyer party.	Party code.	0-1, mre, mfr
buyerAccountReference	AccountReference	A reference to the account that buys this instrument.	Buyer's account.	Party's client.	0-1, ncf	At the first stage this element is not used in the repository messages.
sellerPartyReference	PartyReference	A reference to the party that sells ("writes") this instrument, i.e. that grants the rights defined by this instrument and in return receives a payment for it. See 2000 ISDA definitions Article 11.1 (a). In the case of FRAs this is the floating rate payer.	Seller party.	Party code.	0-1, mre, mfr
sellerAccountReference	AccountReference	A reference to the account that sells this instrument.	Seller's account.	Party's client.	0-1, ncf	At the first stage this element is not used in the repository messages.
exercise	Field must be replaced by one of next elments: americanExercise, bermudaExercise, europeanExercise,				0-1, mre, mfr
exerciseNotice	ExerciseNotice	Definition of the party to whom notice of exercise should be given.	Exercise notice.		0-1, ncf	This is not used in messages to the repository.
followUpConfirmation	xsd:boolean	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.	Follow-up confirmation.		0-1, ncf	This is not used in messages to the repository.
cancelableProvisionAdjustedDates	CancelableProvisionAdjustedDates	The adjusted dates associated with a cancelable provision. These dates have been adjusted for any applicable business day convention.	Cancelable provision dates.		0-1, mfr
finalCalculationPeriodDateAdjustment	FinalCalculationPeriodDateAdjustment	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.	Final calculation period date adjustment.		0-∞, mfr
initialFee	SimplePayment	An initial fee for the cancelable option.	Initial fee.		0-1, mfr

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CancelableProvision

buyerPartyReference(PartyReference)

	A reference to the party that buys this instrument, ie. pays for this instrument and receives the rights defined by it. See 2000 ISDA definitions Article 11.1 (b). In the case of FRAs this the fixed rate payer.
	Party code.

sellerPartyReference(PartyReference)

	A reference to the party that sells ("writes") this instrument, i.e. that grants the rights defined by this instrument and in return receives a payment for it. See 2000 ISDA definitions Article 11.1 (a). In the case of FRAs this is the floating rate payer.
	Party code.

exercise(Exercise)

Is substituted by one of the elements: americanExercise bermudaExercise europeanExercise

	An placeholder for the actual option exercise definitions.

cancelableProvisionAdjustedDates(CancelableProvisionAdjustedDates)

	The adjusted dates associated with a cancelable provision. These dates have been adjusted for any applicable business day convention.

cancellationEvent(CancellationEvent)

	The adjusted dates for an individual cancellation date.

adjustedExerciseDate(date)

	The date on which option exercise takes place. This date should already be adjusted for any applicable business day convention.

adjustedEarlyTerminationDate(date)

	The early termination date that is applicable if an early termination provision is exercised. This date should already be adjusted for any applicable business day convention.

finalCalculationPeriodDateAdjustment(FinalCalculationPeriodDateAdjustment)

	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.

relevantUnderlyingDateReference(RelevantUnderlyingDateReference)

	Reference to the unadjusted cancellation effective dates.

swapStreamReference(InterestRateStreamReference)

	Reference to the leg, where date adjustments may apply.

businessDayConvention(BusinessDayConventionEnum)

	Override business date convention. This takes precedence over leg level information.
	FOLLOWING;FRN;MODFOLLOWING;PRECEDING;MODPRECEDING;NEAREST;NONE;NotApplicable;

initialFee(SimplePayment)

	An initial fee for the cancelable option.

payerPartyReference(PartyReference)

	A reference to the party responsible for making the payments defined by this structure.
	Party code.

receiverPartyReference(PartyReference)

	A reference to the party that receives the payments corresponding to this structure.
	Party code.

paymentAmount(NonNegativeMoney)

The currency amount of the payment. For the purposes of reporting to the repository, amount is specified with 7 decimal places. For example, 350.1234567. The value of 350.45 would be represented as 350.4500000.

currency(Currency)

	The currency in which an amount is denominated.
	Code of currency of denomination.

amount(NonNegativeDecimal)

	The non negative monetary quantity in currency units. For the purposes of reporting to the repository, an amount is specified with 7 decimal places. For example, 350.1234567. The value of 350.45 would be represented as 350.4500000.
	Total payment.
	[0;