Proprietary Model Method definition
Proprietary Model Method means estimating future payments or deliveries under the Transaction based on a proprietary model, which may be based on, or derived from, methodologies such as the Black-Scholes option pricing model, a Sigma Alpha
Proprietary Model Method means estimating future payments or deliveries under the Transaction based on a proprietary model, which may be based on, or derived from, methodologies such as the Black-Scholes option pricing model, a Sigma Alpha Beta Rho volatility model or other multi-factor or parametric Methodologies and numerical schemes like a Monte Carlo or PDE simulation, which in each case may be subject to proprietary modifications by BNP Paribas.