Template:Extraordinary Events capsule: Difference between revisions
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{{eqderivprov|Extraordinary Events}} under Article {{eqderivprov|12}} are of a more existential nature, and will require either termination or adjustment with mutual consent of the parties. These are: | {{eqderivprov|Extraordinary Events}} under Article {{eqderivprov|12}} are of a more existential nature, and will require either termination or adjustment with mutual consent of the parties. These are: | ||
*Significant events relating to the {{eqderivprov|Issuer}} or its {{eqderivprov|Shares}} ({{eqderivprov|Merger Event}}s, {{eqderivprov|Tender Offer}}s, {{eqderivprov|Nationalization, Insolvency and Delisting}} etc); or | *Significant events relating to the {{eqderivprov|Issuer}} or its {{eqderivprov|Shares}} ({{eqderivprov|Merger Event}}s, {{eqderivprov|Tender Offer}}s, {{eqderivprov|Nationalization, Insolvency and Delisting}} etc); or | ||
*{{eqderivprov|Additional Disruption Event}}s under section {{eqderivprov|12.9}} such as {{eqderivprov|Change in Law}}, {{eqderivprov|Hedging Disruption}}, {{eqderivprov|Increased Cost of Hedging}}, {{eqderivprov|Loss of Stock Borrow}} or {{eqderivprov|Increased Cost of Stock Borrow}}, all of which were relate to the {{eqderivprov|Hedging Party}}’s {{eqderivprov|Hedge Position}}s rather than the underlying Issuer . | *{{eqderivprov|Additional Disruption Event}}s under section {{eqderivprov|12.9}} such as {{eqderivprov|Change in Law}}, {{eqderivprov|Hedging Disruption}}, {{eqderivprov|Increased Cost of Hedging}}, {{eqderivprov|Loss of Stock Borrow}} or {{eqderivprov|Increased Cost of Stock Borrow}}, all of which were relate to the {{eqderivprov|Hedging Party}}’s {{eqderivprov|Hedge Position}}s rather than the underlying {{eqderivprov|Issuer}}. <br> | ||