Non-Hedging Party - Equity Derivatives Provision: Difference between revisions

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{{eqderivsnap|12.9(xii)}}
{{eqderivsnap|12.9(xii)}}
====Commentary====
====Commentary====
Note hugely controversial, you wuold think, but it does sort of imply that the {{eqderivprov|Hedging Party}} is itself a party to the transaction - otherwise both parties are Non-Hedging Parties. But if so, then there's not really any need for the definition at all ...
Note hugely controversial, you wuold think, but it does sort of imply that the {{eqderivprov|Hedging Party}} is itself a party to the transaction - otherwise ''both'' parties are {{eqderivprov|Non-Hedging Parties}}. But if so, then there's not really any need for the definition of {{eqderivprov|Hedging Party}} at all ...


====Related Provisions====
====Related Provisions====