Template:Nutshell Equity Derivatives 12.9(a)(ii): Difference between revisions
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{{eqderivprov|12.9(a)(ii)}} | {{eqderivprov|12.9(a)(ii)}} “{{eqderivprov|Change in Law}}” means either party determines that due to laws or regulations being enacted, changed, or differently interpreted: | ||
:(X) it becomes illegal to buy, sell or hold underlying {{eqderivprov|Shares}} or; | :(X) it becomes illegal to buy, sell or hold underlying {{eqderivprov|Shares}} or; | ||
:(Y) it becomes materially more expensive to perform the Transaction. | :(Y) it becomes materially more expensive to perform the Transaction. | ||
Revision as of 16:23, 6 April 2017
12.9(a)(ii) “Change in Law” means either party determines that due to laws or regulations being enacted, changed, or differently interpreted:
- (X) it becomes illegal to buy, sell or hold underlying Shares or;
- (Y) it becomes materially more expensive to perform the Transaction.