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

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Created page with ":{{eqderivprov|12.9(a)(vii)}} “'''{{eqderivprov|Loss of Stock Borrow}}'''” means that, having used commercially reasonable efforts, the {{eqderivprov|Hedging Party}} canno..."
 
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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 borrow the {{eqderivprov|Shares}} it needs to hedge the {{eqderivprov|Transaction}} at a rate equal to or lower than the {{eqderivprov|Maximum Stock Loan Rate}}; <br>

Latest revision as of 15:29, 10 January 2019

12.9(a)(vii)Loss of Stock Borrow” means that, having used commercially reasonable efforts, the Hedging Party cannot borrow the Shares it needs to hedge the Transaction at a rate equal to or lower than the Maximum Stock Loan Rate;