Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(v): Difference between revisions
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{{eqderivprov|12.9(a)(v)}} “'''{{eqderivprov|Hedging Disruption}}'''” means that the {{eqderivprov|Hedging Party}} is unable, after using [[commercially reasonable]] efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction[[(s)]] or asset[[(s)]] it [[deem]]s necessary to hedge the equity price risk of entering into and performing its obligations with respect to the relevant {{isdaprov|Transaction}}, or (B) realize, recover or remit the proceeds of any such transaction(s) or asset[[(s)]]; <br> | :{{eqderivprov|12.9(a)(v)}} “'''{{eqderivprov|Hedging Disruption}}'''” means that the {{eqderivprov|Hedging Party}} is unable, after using [[commercially reasonable]] efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction[[(s)]] or asset[[(s)]] it [[deem]]s necessary to hedge the equity price risk of entering into and performing its obligations with respect to the relevant {{isdaprov|Transaction}}, or (B) realize, recover or remit the proceeds of any such transaction(s) or asset[[(s)]]; <br> | ||
Revision as of 13:47, 6 April 2018
- 12.9(a)(v) “Hedging Disruption” means that the Hedging Party is unable, after using commercially reasonable efforts, to (A) acquire, establish, re-establish, substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to hedge the equity price risk of entering into and performing its obligations with respect to the relevant Transaction, or (B) realize, recover or remit the proceeds of any such transaction(s) or asset(s);