Template:Nutshell Equity Derivatives 12.8(c)

12.8(c): In determining a Cancellation Amount, the Determining Party may consider:

(i) Dealer quotations: dealer quotations for replacement transactions

(ii) Market data: market data; and

(iii) Internal valuations: similar material from internal sources and Affiliates where they are regularly used by the Determining Party in its business for similar valuations.