Template:Nutshell Equity Derivatives 9.9: Difference between revisions

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Section {{eqderivprov|9.9}}. '''{{eqderivprov|Expenses}}'''. All expenses relating to the transfer of {{eqderivprov|Shares}} to be delivered under a {{eqderivprov|Transaction}} (such as any stamp duty, stock exchange tax or local tax) will be payable by the party that would pay such expenses according to market practice for a sale of such {{eqderivprov|Shares}} under such {{eqderivprov|Transaction}} to be settled through the relevant {{eqderivprov|Clearance System}} in one {{eqderivprov|Settlement Cycle}}. <br>
{{eqderivprov|9.9}}. '''{{eqderivprov|Expenses}}'''. All {{eqderivprov|Share}} transfer expenses and taxes will be payable by the party that would pay them in a normal sale of the {{eqderivprov|Shares}}s in question through the relevant {{eqderivprov|Clearance System}}. <br>

Latest revision as of 10:06, 12 May 2022

9.9. Expenses. All Share transfer expenses and taxes will be payable by the party that would pay them in a normal sale of the Sharess in question through the relevant Clearance System.