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| {{eqderivsnap|12.6}} | | {{eqdmanual|12.6}} |
| ====Commentary====
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| Upon the occurrence of these {{eqderivprov|Extraordinary Events}} ({{eqderivprov|Nationalization}}, {{eqderivprov|Insolvency}} and {{eqderivprov|Delisting}}) the parties may elect to terminate (if they choose {{eqderivprov|Negotiated Close-out}}), or the transaction will automatically terminate (if {{eqderivprov|Cancellation and Payment}} or {{eqderivprov|Partial Payment and Cancellation}} are selected).
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| Note that a {{eqderivprov|Delisting}} covers full cessation of trading but not a suspension of trading, even if indefinite. But in that case a {{eqderivprov|Hedging Disruption}} or - at a pinch - {{eqderivprov|Increased Cost of Hedging}} ought to get you home.
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| ====See Also====
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| {{eqderivanatomy}}
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