Determining Party - Equity Derivatives Provision
(Redirected from 12.8(f) - Equity Derivatives Provision)
Overview
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”
Summary
Template:M summ Equity Derivatives 12.8(f)
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- The JC’s famous Nutshell™ summary of this clause
- The old “I want a dispute right for Calculation Agent and/or Determining Party determinations” chestnut. When to expect it, and how to respond to it, if “look, don’t be silly” doesn’t see you through.