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{{eqderivsnap|12.9(a)(ii)}} | {{eqderivsnap|12.9(a)(ii)}} | ||
====Commentary==== | ====Commentary==== | ||
Note the industry has generally moved to omit the "Increased Cost of Hedging" aspects of this definition - see for example the [[2007 European Master Equity Derivatives Confirmation Agreement]] to provide the following: | |||
{{eqderivsnap|Amended Change In Law}} | |||
The consequences of a {{eqderivprov|Change in Law}} (or an {{eqderivprov|Insolvency Filing}} are set out in {{eqderivprov|12.9(b)(i)}} as follows: | The consequences of a {{eqderivprov|Change in Law}} (or an {{eqderivprov|Insolvency Filing}} are set out in {{eqderivprov|12.9(b)(i)}} as follows: | ||
{{eqderivsnap|12.9(b)(i)}} | {{eqderivsnap|12.9(b)(i)}} |