Template:Extraordinary Events capsule: Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) (Created page with "{{eqderivprov|Extraordinary Events}} under Article {{eqderivprov|12}} are of a more existential nature, and will require either termination or adjustment with mutual consent o...") |
(No difference)
|
Revision as of 13:57, 6 May 2020
Extraordinary Events under Article 12 are of a more existential nature, and will require either termination or adjustment with mutual consent of the parties. These are:
- significant external events relating to the Issuer or its Shares (Merger Events, Tender Offers, Nationalization, Insolvency, and Delisting etc); or
- Additional Disruption Events under section 12.9 such as Change in Law, Hedging Disruption, Increased Cost of Hedging, Loss of Stock Borrow or Increased Cost of Stock Borrow, all of which were relate to the Hedging Party’s Hedge Positions rather than the underlying Issuer .