12.8(d) - Equity Derivatives Provision

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12.8(d) in a Nutshell (Equity Derivatives edition)

12.8(d): The Determining Party will consider quotations under Section 12.8(c)(i) or relevant market data under Section 12.8(c)(ii) unless it reasonably believes in good faith that they are not readily available or would produce a result that would not satisfy standards described in this definition. The Determining Party may include costs of funding. Third parties supplying quotations or market data pursuant may include dealers, end-users, information vendors, brokers and other sources.

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Section 12.8. Cancellation Amount

12.8(a)Cancellation Amount
12.8(b) “Means of determination”
12.8(c) “Determination”
12.8(d) “Quotations”
12.8(e) “Liquidation of hedges”
12.8(f)Determining Party
12.8(g)Commercially reasonable procedures