EFTA Document EFTA01388302

Section 13.9. Settlement Rate on Automatic Exercise or Fallback Exercise. For imposes of Section 13.7 (Automatic Exercise) and Section 13.8 (Fallback Exercise) and determining whether Buyer is in-the-money, and for purposes of Section 18.2(f) (Settlement Rate) where a Swaption is deemed to be exercised pursuant to the provisions of Section 13.7 (Automatic Exercise) or Section 13.8 (Fallback Exercise). the Settlement Rate will be: (a) if the ISDA Settlement Matrix applies and an applicable