Commercially reasonable procedures - Equity Derivatives Provision

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

12.8(g): “Commercially reasonable procedures” may include:
(i) Determining Party’s pricing and valuation models for similar transactions with third parties; and
(ii) different valuation methods depending on the type, complexity or size of the Transaction.

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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