Template:Nutshell Equity Derivatives 12.9(a)(v): Difference between revisions
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Amwelladmin (talk | contribs) Created page with "{{eqderivprov|12.9(a)(v)}} “'''{{eqderivprov|Hedging Disruption}}'''” means that the {{eqderivprov|Hedging Party}} cannot reasonably *acquire, hold, replace or unwind any..." |
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*realise, recover or pay the proceeds of any hedging transactions. | *realise, recover or pay the proceeds of any hedging transactions. | ||
{{eqderivprov|12.9(b)(iii)}} If “'''{{eqderivprov|Hedging Disruption}}''' | {{eqderivprov|12.9(b)(iii)}} If “'''{{eqderivprov|Hedging Disruption}}'''” applies and one happens, the {{eqderivprov|Hedging Party}} may terminate the Transaction on 2 {{eqderivprov|Scheduled Trading Days}}’ notice, and the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable under the Transaction. | ||
Revision as of 11:42, 2 August 2017
12.9(a)(v) “Hedging Disruption” means that the Hedging Party cannot reasonably
- acquire, hold, replace or unwind any transactions hedging its equity price risk, or
- realise, recover or pay the proceeds of any hedging transactions.
12.9(b)(iii) If “Hedging Disruption” applies and one happens, the Hedging Party may terminate the Transaction on 2 Scheduled Trading Days’ notice, and the Determining Party will determine the Cancellation Amount payable under the Transaction.