Template:Nutshell Equity Derivatives 12.9(a)(ii): Difference between revisions

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{{eqderivprov|12.9(a)(ii)}} "{{eqderivprov|Change in Law}}" means either party determines that due to laws or regulations being enacted, changed, or differently interpreted:
{{eqderivprov|12.9(a)(ii)}} {{eqderivprov|Change in Law}}means either party determines that due to laws or regulations being enacted, changed, or differently interpreted:
:(X) it becomes illegal to buy, sell or hold underlying {{eqderivprov|Shares}} or;
:(X) it becomes illegal to buy, sell or hold underlying {{eqderivprov|Shares}} or;
:(Y) it becomes materially more expensive to perform the Transaction.
:(Y) it becomes materially more expensive to perform the Transaction.

Revision as of 16:23, 6 April 2017

12.9(a)(ii)Change in Law” means either party determines that due to laws or regulations being enacted, changed, or differently interpreted:

(X) it becomes illegal to buy, sell or hold underlying Shares or;
(Y) it becomes materially more expensive to perform the Transaction.