Template:2002 ISDA Equity Derivatives Definitions 9.8: Difference between revisions

Latest revision as of 12:25, 4 September 2018

Section 9.8. Settlement Disruption Event. “Settlement Disruption Event” means, in respect of a Share, an event beyond the control of the parties as a result of which the relevant Clearance System cannot clear the transfer of such Share.

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	Section {{eqderivprov\|9.8}}. '''{{eqderivprov\|Settlement Disruption Event}}'''. “'''{{eqderivprov\|Settlement Disruption Event,}}'''” means, in respect of a {{eqderivprov\|Share}}, an event beyond the control of the parties as a result of which the relevant {{eqderivprov\|Clearance System}} cannot clear the transfer of such {{eqderivprov\|Share}}. <br>		Section {{eqderivprov\|9.8}}. '''{{eqderivprov\|Settlement Disruption Event}}'''. “'''{{eqderivprov\|Settlement Disruption Event}}'''” means, in respect of a {{eqderivprov\|Share}}, an event beyond the control of the parties as a result of which the relevant {{eqderivprov\|Clearance System}} cannot clear the transfer of such {{eqderivprov\|Share}}. <br>