Template:2002 ISDA Equity Derivatives Definitions 12.9(b)(iii): Difference between revisions

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(Created page with ":{{eqderivprov|12.9(b)(iii)}} If "'''{{eqderivprov|Hedging Disruption}}'''" is specified in the related Confirmation to be applicable <br>to a {{eqderivprov|Transaction}}, the...")
 
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:{{eqderivprov|12.9(b)(iii)}} If "'''{{eqderivprov|Hedging Disruption}}'''" is specified in the related Confirmation to be applicable <br>to a {{eqderivprov|Transaction}}, then upon the occurrence of such an event the {{eqderivprov|Hedging Party}} may elect, while <br>the {{eqderivprov|Hedging Disruption}} is continuing, to terminate the {{eqderivprov|Transaction}}, upon at least two Scheduled <br>Trading Days' notice to the {{eqderivprov|Non-Hedging Party}} specifying the date of such termination, in which <br>event the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the <br>other. <br>
:{{eqderivprov|12.9(b)(iii)}} If "'''{{eqderivprov|Hedging Disruption}}'''" is specified in the related Confirmation to be applicable to a {{eqderivprov|Transaction}}, then upon the occurrence of such an event the {{eqderivprov|Hedging Party}} may elect, while the {{eqderivprov|Hedging Disruption}} is continuing, to terminate the {{eqderivprov|Transaction}}, upon at least two Scheduled Trading Days' notice to the {{eqderivprov|Non-Hedging Party}} specifying the date of such termination, in which event the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other.<br>

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