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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

Property Value
Range Clause
Domain Of DeterminationRolesAndTerms, FxDisruptionEvents

Cardinality and Requirements

Property Value

Identifier and Mapping Information

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