# XML Schema Documentation

### Complex Type: ManualExercise

#### [Table of contents]

Super-types: | None
Sub-types: | None

Name | ManualExercise
Used by (from the same schema document) | Complex Type ExerciseProcedure
Abstract | no
Documentation | A type defining manual exercise, i.e. that the option buyer counterparty must give notice to the option seller of exercise.

XML Instance Representation
<...>
<exerciseNotice> ExerciseNotice </exerciseNotice> [0..1]

'Definition of the party to whom notice of exercise should be given.'

<fallbackExercise> xsd:boolean </fallbackExercise> [0..1]

'If fallback exercise is specified then the notional amount of the underlying swap, not previously exercised under the swaption, will be automatically exercised at the expiration time on the expiration date if at such time the buyer is in-the-money, provided that the difference between the settlement rate and the fixed rate under the relevant underlying swap is not less than one tenth of a percentage point (0.10% or 0.001). The term in-the-money is assumed to have the meaning defined in the 2000 ISDA Definitions, Section 17.4. In-the-money.'

</...>
Diagram
Schema Component Representation
<xsd:complexType name="ManualExercise">
<xsd:sequence>
<xsd:element name="exerciseNotice" type=" ExerciseNotice " minOccurs="0"/>
<xsd:element name="fallbackExercise" type=" xsd:boolean " minOccurs="0"/>
</xsd:sequence>
</xsd:complexType>