82,853
edits
Insolvency Filing - Equity Derivatives Provision: Difference between revisions
Jump to navigation
Jump to search
Insolvency Filing - Equity Derivatives Provision (view source)
Revision as of 16:43, 11 July 2017
, 11 July 2017no edit summary
Amwelladmin (talk | contribs) |
Amwelladmin (talk | contribs) No edit summary |
||
| Line 1: | Line 1: | ||
{{ | {{fullanat|eqderiv|12.9(a)(iv)|}} | ||
From the User's Guide: | From the User's Guide: | ||
| Line 6: | Line 5: | ||
Section {{eqderivprov|12.9(b)(i)}} sets forth the consequence of an {{eqderivprov|Insolvency Filing}}. As with {{eqderivprov|Change in Law}}, if an {{eqderivprov|Insolvency Filing}} occurs, either party may elect to terminate the {{eqderivprov|Transaction}} upon at least two {{eqderivprov|Scheduled Trading Days}}' notice to the other party. Upon the provision of such notice, the {{eqderivprov|Transaction}} will terminate and the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other party. | Section {{eqderivprov|12.9(b)(i)}} sets forth the consequence of an {{eqderivprov|Insolvency Filing}}. As with {{eqderivprov|Change in Law}}, if an {{eqderivprov|Insolvency Filing}} occurs, either party may elect to terminate the {{eqderivprov|Transaction}} upon at least two {{eqderivprov|Scheduled Trading Days}}' notice to the other party. Upon the provision of such notice, the {{eqderivprov|Transaction}} will terminate and the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other party. | ||