fpml:exerciseFeeSchedule

The fees associated with an exercise date. The fees are conditional on the exercise occuring. The fees can be specified as actual currency amounts or as percentages of the notional amount being exercised.

Element information

Content

• Sequence [1..1]
  from group fpml:PayerReceiver.model
  fpml:payerPartyReference [1..1]    A reference to the party responsible for making the payments defined by this structure.
  fpml:payerAccountReference [0..1]    A reference to the account responsible for making the payments defined by this structure.
  fpml:receiverPartyReference [1..1]    A reference to the party that receives the payments corresponding to this structure.
  fpml:receiverAccountReference [0..1]    A reference to the account that receives the payments corresponding to this structure.
  1. fpml:notionalReference [1..1]    A pointer style reference to the associated notional schedule defined elsewhere in the document.
  2. Choice [1..1]
     • fpml:feeAmountSchedule    The exercise fee amount schedule. The fees are expressed as currency amounts. The currency of the fee is assumed to be that of the notional schedule referenced.
     • fpml:feeRateSchedule    The exercise free rate schedule. The fees are expressed as percentage rates of the notional being exercised. The currency of the fee is assumed to be that of the notional schedule referenced.
  3. fpml:feePaymentDate [1..1]    The date on which exercise fee(s) will be paid. It is specified as a relative date.

Attributes

None

Used in

• Type fpml:AmericanExercise (Element fpml:americanExercise)
• Type fpml:BermudaExercise (Element fpml:bermudaExercise)

Sample instance

<fpml:exerciseFeeSchedule>
   <fpml:payerPartyReference href="IDREF"/>
   <fpml:payerAccountReference href="IDREF"/>
   <fpml:receiverPartyReference href="IDREF"/>
   <fpml:receiverAccountReference href="IDREF"/>
   <fpml:notionalReference href="IDREF"/>
   <fpml:feeAmountSchedule>
      <fpml:initialValue>1.0</fpml:initialValue>
      <fpml:step>
         <fpml:stepDate>2000-01-01</fpml:stepDate>
         <fpml:stepValue>1.0</fpml:stepValue>
      </fpml:step>
      <fpml:currency>normalizedString</fpml:currency>
   </fpml:feeAmountSchedule>
   <fpml:feePaymentDate>
      <fpml:periodMultiplier>1</fpml:periodMultiplier>
      <fpml:period>D</fpml:period>
      <fpml:dayType>Business</fpml:dayType>
      <fpml:businessDayConvention>FOLLOWING</fpml:businessDayConvention>
      <fpml:businessCentersReference href="IDREF"/>
      <fpml:dateRelativeTo href="IDREF"/>
      <fpml:adjustedDate>2000-01-01</fpml:adjustedDate>
   </fpml:feePaymentDate>
</fpml:exerciseFeeSchedule>