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Amwelladmin (talk | contribs) (Created page with "{{eqderivprov|12.9(b)(vi)}} If “{{eqderivprov|Increased Cost of Hedging}}” applies and it occurs, the {{eqderivprov|Hedging Party}} will so notify the {{eqderivprov|Non-He...") |
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{{eqderivprov|12.9(b)(vi)}} If “{{eqderivprov|Increased Cost of Hedging}}” applies and it occurs, the {{eqderivprov|Hedging Party}} will so notify the {{eqderivprov|Non-Hedging Party}} and that it will make a {{eqderivprov|Price Adjustment}}. Within 2 {{eqderivprov|Scheduled Trading Days}} the {{eqderivprov|Non-Hedging Party}} must elect to the {{eqderivprov|Hedging Party}} either to: | {{eqderivprov|12.9(b)(vi)}} If “'''{{eqderivprov|Increased Cost of Hedging}}'''” applies and it occurs, the {{eqderivprov|Hedging Party}} will so notify the {{eqderivprov|Non-Hedging Party}} and that it will make a {{eqderivprov|Price Adjustment}}. Within 2 {{eqderivprov|Scheduled Trading Days}} the {{eqderivprov|Non-Hedging Party}} must elect to the {{eqderivprov|Hedging Party}} either to: | ||
:(A) amend the Transaction to cater for the {{eqderivprov|Price Adjustment}}, | :(A) amend the Transaction to cater for the {{eqderivprov|Price Adjustment}}, | ||
:(B) pay the {{eqderivprov|Hedging Party}} the {{eqderivprov|Price Adjustment}} or | :(B) pay the {{eqderivprov|Hedging Party}} the {{eqderivprov|Price Adjustment}} or | ||
:(C) terminate the {{eqderivprov|Transaction}} as of that second {{eqderivprov|Scheduled Trading Day}}. Absent such an election the Hedging Party may terminate the {{eqderivprov|Transaction}}. On any termination of the {{eqderivprov|Transaction}}, the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}}. <br> | :(C) terminate the {{eqderivprov|Transaction}} as of that second {{eqderivprov|Scheduled Trading Day}}. Absent such an election the Hedging Party may terminate the {{eqderivprov|Transaction}}. On any termination of the {{eqderivprov|Transaction}}, the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}}. <br> |