Template:Nutshell Equity Derivatives 12.9(b)(v): Difference between revisions
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Amwelladmin (talk | contribs) (Created page with "{{eqderivprov|12.9(b)(v)}} If "'''{{eqderivprov|Increased Cost of Stock Borrow}}'''" applies, the {{eqderivprov|Hedging Party}} may tell the {{eqderivprov|Non-Hedging Party}}...") |
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{{eqderivprov|12.9(b)(v)}} If "'''{{eqderivprov|Increased Cost of Stock Borrow}}'''" applies, the {{eqderivprov|Hedging Party}} may tell the {{eqderivprov|Non-Hedging Party}} that an {{eqderivprov|Increased Cost of Stock Borrow}} has happened and that it will make a {{eqderivprov|Price Adjustment}} to the {{eqderivprov|Transaction}}. | {{eqderivprov|12.9(b)(v)}} If "'''{{eqderivprov|Increased Cost of Stock Borrow}}'''" applies, the {{eqderivprov|Hedging Party}} may tell the {{eqderivprov|Non-Hedging Party}} that an {{eqderivprov|Increased Cost of Stock Borrow}} has happened and that it will make a {{eqderivprov|Price Adjustment}} to the {{eqderivprov|Transaction}}. | ||
Within 2{{eqderivprov|Scheduled Trading Days}} of that notice the {{eqderivprov|Non-Hedging Party}} must: | Within 2 {{eqderivprov|Scheduled Trading Days}} of that notice the {{eqderivprov|Non-Hedging Party}} must: | ||
:(A) amend the {{eqderivprov|Transaction}} to make the {{eqderivprov|Price Adjustment}}, | :(A) amend the {{eqderivprov|Transaction}} to make the {{eqderivprov|Price Adjustment}}, | ||
:(B) pay the {{eqderivprov|Hedging Party}} the {{eqderivprov|Price Adjustment}} or | :(B) pay the {{eqderivprov|Hedging Party}} the {{eqderivprov|Price Adjustment}} or | ||