Template:M summ Equity Derivatives 12.9(b)(iii): Difference between revisions

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Revision as of 07:55, 17 April 2020

You may see a rider to this clause along the following lines:

“Where reasonably practical, the Hedging Party must elect to terminate only the part of the Transaction with the Number of Shares corresponding to the Hedge Position that the Hedging Disruption relates to, and the Cancellation Amount is then determined over only the terminated part of the Transaction”.