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Amwelladmin (talk | contribs) (Created page with ":{{eqderivprov|11.1(b)}} If (i) on or prior to any {{eqderivprov|Valuation Date}} in respect of an {{eqderivprov|Index Transaction}} or Index <br>Basket Transaction, a relevan...") |
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{{eqderivprov|11.1(b)}} If (i) on or prior to any {{eqderivprov|Valuation Date}} in respect of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}}, a relevant {{eqderivprov|Index Sponsor}} announces that it will make a material change in the formula for or the method of calculating that {{eqderivprov|Index}} or in any other way materially modifies that {{eqderivprov|Index}} (other than a modification prescribed in that formula or method to maintain that {{eqderivprov|Index}} in the event of changes in constituent stock and capitalization and other routine events) (an "'''{{eqderivprov|Index Modification}}'''") or permanently cancels the {{eqderivprov|Index}} and no {{eqderivprov|Successor Index}} exists (an "'''{{eqderivprov|Index Cancellation}}'''") or (ii) on any {{eqderivprov|Valuation Date}} in respect of an {{eqderivprov|Index Transaction}} or {{eqderivprov|Index Basket Transaction}}, the {{eqderivprov|Index Sponsor}} fails to calculate and announce a relevant {{eqderivprov|Index}} (an "'''{{eqderivprov|Index Disruption}}'''" and together with an {{eqderivprov|Index Modification}} and an {{eqderivprov|Index Cancellation}}, each an "'''{{eqderivprov|Index Adjustment Event}}'''"), then: <br> |