Template:2002 ISDA Equity Derivatives Definitions 9.9: Difference between revisions
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Section {{eqderivprov|9.9 | 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> | ||
Latest revision as of 08:34, 18 May 2018
Section 9.9. Expenses. All expenses relating to the transfer of Shares to be delivered under a 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 Shares under such Transaction to be settled through the relevant Clearance System in one Settlement Cycle.