Template:Nutshell Equity Derivatives 12.9(a)(ii): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Created page with "{{eqderivprov|12.9(a)(ii)}} "{{eqderivprov|Change in Law}}" means either party determines that due to laws or regulations being enacted, changed, or differently interpreted (X..."
 
No edit summary
Line 1: Line 1:
{{eqderivprov|12.9(a)(ii)}} "{{eqderivprov|Change in Law}}" means either party determines that due to laws or regulations being enacted, changed, or differently interpreted (X) it becomes illegal to buy, sell or hold underlying {{eqderivprov|Shares}} or (Y) it becomes materially more expensive to perform the Transaction;
{{eqderivprov|12.9(a)(ii)}} "{{eqderivprov|Change in Law}}" means either party determines that due to laws or regulations being enacted, changed, or differently interpreted:
:(X) it becomes illegal to buy, sell or hold underlying {{eqderivprov|Shares}} or;
:(Y) it becomes materially more expensive to perform the Transaction.

Revision as of 14:27, 15 December 2015

12.9(a)(ii) "Change in Law" means either party determines that due to laws or regulations being enacted, changed, or differently interpreted:

(X) it becomes illegal to buy, sell or hold underlying Shares or;
(Y) it becomes materially more expensive to perform the Transaction.