Template:2002 ISDA Equity Derivatives Definitions 9.8: Difference between revisions

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(Created page with "Section {{eqderivprov|9.8}}. '''{{eqderivprov|Settlement Disruption Event}}'''. “'''{{eqderivprov|Settlement Disruption Event,}}'''” means, in respect of a {{eqderivprov|S...")
 
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Section {{eqderivprov|9.8}}. '''{{eqderivprov|Settlement Disruption Event}}'''. “'''{{eqderivprov|Settlement Disruption Event,}}'''” means, in respect of a {{eqderivprov|Share}}, an event beyond the control of the parties as a result of which the relevant {{eqderivprov|Clearance System}} cannot clear the transfer of such {{eqderivprov|Share}}. <br>
Section {{eqderivprov|9.8}}. '''{{eqderivprov|Settlement Disruption Event}}'''. “'''{{eqderivprov|Settlement Disruption Event}}'''” means, in respect of a {{eqderivprov|Share}}, an event beyond the control of the parties as a result of which the relevant {{eqderivprov|Clearance System}} cannot clear the transfer of such {{eqderivprov|Share}}. <br>

Latest revision as of 12:25, 4 September 2018

Section 9.8. Settlement Disruption Event. “Settlement Disruption Event” means, in respect of a Share, an event beyond the control of the parties as a result of which the relevant Clearance System cannot clear the transfer of such Share.