Template:Nutshell Equity Derivatives 12.9(b)(i): Difference between revisions
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::{{eqderivprov|12.9(b)(i)}} If “'''{{eqderivprov|Change in Law}}'''” or “'''{{eqderivprov|Insolvency Filing}}'''” | ::{{eqderivprov|12.9(b)(i)}} If “'''{{eqderivprov|Change in Law}}'''” or “'''{{eqderivprov|Insolvency Filing}}'''” applies, then if it happens either party may terminate the {{eqderivprov|Transaction}} upon at least two {{eqderivprov|Scheduled Trading Days}}’ notice (or less if required under {{eqderivprov|Change in Law}}), the {{eqderivprov|Transaction}} will terminate and the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}}. <br> | ||
Revision as of 16:38, 27 March 2020
- 12.9(b)(i) If “Change in Law” or “Insolvency Filing” applies, then if it happens either party may terminate the Transaction upon at least two Scheduled Trading Days’ notice (or less if required under Change in Law), the Transaction will terminate and the Determining Party will determine the Cancellation Amount.
- 12.9(b)(i) If “Change in Law” or “Insolvency Filing” applies, then if it happens either party may terminate the Transaction upon at least two Scheduled Trading Days’ notice (or less if required under Change in Law), the Transaction will terminate and the Determining Party will determine the Cancellation Amount.