Commercially reasonable procedures - Equity Derivatives Provision: Difference between revisions
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Revision as of 11:46, 18 January 2020
12.8(g) in a Nutshell™ (Equity Derivatives edition)
- 12.8(g): “Commercially reasonable procedures” may include:
- (i) Determining Party’s pricing and valuation models for similar transactions with third parties; and
- (ii) different valuation methods depending on the type, complexity or size of the Transaction.
- (i) Determining Party’s pricing and valuation models for similar transactions with third parties; and
Section 12.8. Cancellation Amount
- 12.8(a) “Cancellation Amount”
- 12.8(b) “Means of determination”
- 12.8(c) “Determination”
- 12.8(d) “Quotations”
- 12.8(e) “Liquidation of hedges”
- 12.8(f) “Determining Party”
- 12.8(g) “Commercially reasonable procedures”