Template:Nutshell Equity Derivatives 12.9(a)(vii): Difference between revisions
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:{{eqderivprov|12.9(a)(vii)}} “'''{{eqderivprov|Loss of Stock Borrow}}'''” means that, having used commercially reasonable efforts, the {{eqderivprov|Hedging Party}} cannot to borrow the {{eqderivprov|Shares}} it needs to hedge the {{eqderivprov|Transaction}} in at the {{eqderivprov|Maximum Stock Loan Rate}} (or a lower rate); <br> | ::{{eqderivprov|12.9(a)(vii)}} “'''{{eqderivprov|Loss of Stock Borrow}}'''” means that, having used commercially reasonable efforts, the {{eqderivprov|Hedging Party}} cannot to borrow the {{eqderivprov|Shares}} it needs to hedge the {{eqderivprov|Transaction}} in at the {{eqderivprov|Maximum Stock Loan Rate}} (or a lower rate); <br> | ||
Revision as of 17:11, 5 September 2018
- 12.9(a)(vii) “Loss of Stock Borrow” means that, having used commercially reasonable efforts, the Hedging Party cannot to borrow the Shares it needs to hedge the Transaction in at the Maximum Stock Loan Rate (or a lower rate);
- 12.9(a)(vii) “Loss of Stock Borrow” means that, having used commercially reasonable efforts, the Hedging Party cannot to borrow the Shares it needs to hedge the Transaction in at the Maximum Stock Loan Rate (or a lower rate);