Template:Nutshell Equity Derivatives 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}} cannot reasonably
:{{eqderivprov|12.9(a)(v)}} “'''{{eqderivprov|Hedging Disruption}}'''” means that the {{eqderivprov|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. <br>
*acquire, hold, replace or unwind any transactions hedging its equity price risk, or
*realise, recover or pay the proceeds of any hedging transactions.  
 
{{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 13:52, 6 April 2018

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.