Slot: fallbackLanguageBespokeTerms
Where parties may optionnaly describe any extra bespoke agreements about fallback procedure attached to a particular determination role. This fallback bespoke paragraph would typically address topics such as : delay for the Disputing Party to notify a disagreement when receiving a determination from the Calculation Agent ; Independent Third Party Dealers election terms e.g. number of Dealers to be jointly elected by the counterparties ; delay for joint election of Dealers by the counterparties ; further fallback election procedure in case of disagreement between parties to jointly elect all the Dealers e.g. typically each party designates 1 Dealer, each a Party Representant, which thus result in 2 Dealers in charge of joint election of 3 other Dealers who will be the final ones to provide the response, each a Final Dealer ; delay for joint election of the Final Dealers by the Party Representants ; fees repartition e.g. typically cost and fees incurred by the election of Dealers are equally shared by the parties ; etc.
URI: common_domain_model:fallbackLanguageBespokeTerms
Applicable Classes
| Name |
Description |
Modifies Slot |
| DeterminationRolesAndTerms |
Defines the roles and related terms which document the agreement of parties a... |
no |
| FxDisruptionEvents |
Additional Provisions for a Confirmation of an FX or Currency Option Transact... |
yes |
Properties
Type and Range
Cardinality and Requirements
Schema Source
Mappings
| Mapping Type |
Mapped Value |
| self |
common_domain_model:fallbackLanguageBespokeTerms |
| native |
common_domain_model:fallbackLanguageBespokeTerms |
LinkML Source
name: fallbackLanguageBespokeTerms
description: 'Where parties may optionnaly describe any extra bespoke agreements about
fallback procedure attached to a particular determination role. This fallback bespoke
paragraph would typically address topics such as : delay for the Disputing Party
to notify a disagreement when receiving a determination from the Calculation Agent
; Independent Third Party Dealers election terms e.g. number of Dealers to be jointly
elected by the counterparties ; delay for joint election of Dealers by the counterparties
; further fallback election procedure in case of disagreement between parties to
jointly elect all the Dealers e.g. typically each party designates 1 Dealer, each
a Party Representant, which thus result in 2 Dealers in charge of joint election
of 3 other Dealers who will be the final ones to provide the response, each a Final
Dealer ; delay for joint election of the Final Dealers by the Party Representants
; fees repartition e.g. typically cost and fees incurred by the election of Dealers
are equally shared by the parties ; etc.'
from_schema: https://w3id.org/lmodel/common-domain-model
rank: 1000
domain_of:
- DeterminationRolesAndTerms
- FxDisruptionEvents
range: Clause