Hedging Disruption - Equity Derivatives Provision: Difference between revisions

*Some counsel may wish to add to limb (B) “convert into the {{eqderivprov|Settlement Currency}}” and upgrade “remit the proceeds of ''[[and/or]] collateral posted with respect to'' any such {{eqderivprov|Hedge Positions}}”, just in case it might be thought that collateral didn’t count as proceeds of a hedge.

*The {{eqderivprov|Hedging Party}} may only be allowed to terminate any {{eqderivprov|transaction}} ''[[pro rata]]'' with the actual {{eqderivprov|Hedging Disruption}}

{{triplecocktail}}

===Consequences of Hedging Disruption===

Consequences of an {{eqderivprov|Additional Disruption Event}} in particular {{eqderivprov|12.9(b)(iii)}} and, where {{eqderivprov|Loss of Stock Borrow}} intersects with {{eqderivprov|Hedging Disruption}}, {{eqderivprov|12.9(b)(vii)}}:

{{eqderivsnap|12.9(b)(iii)}}