Template:Nutshell Equity Derivatives 12.8(a): Difference between revisions

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{{eqderivprov|12.8(a)}}: “'''{{eqderivprov|Cancellation Amount}}'''” means the gains or losses the {{eqderivprov|Determining Party}} would incur under prevailing circumstances in replacing (i) the material terms of the {{eqderivprov|Transaction}}, including payments and deliveries that would, but for the {{eqderivprov|Extraordinary Event}}, have been required after termination and (ii) the parties’ option rights under the {{eqderivprov|Transaction}}. <br>
:{{eqderivprov|12.8(a)}}: “'''{{eqderivprov|Cancellation Amount}}'''” means the gains or losses the {{eqderivprov|Determining Party}} would incur under prevailing circumstances in replacing (i) the material terms of the {{eqderivprov|Transaction}}, including payments and deliveries that would, but for the {{eqderivprov|Extraordinary Event}}, have been required after termination and (ii) the parties’ option rights under the {{eqderivprov|Transaction}}. <br>