Talk:Increased Cost of Hedging - Equity Derivatives Provision

From The Jolly Contrarian
Revision as of 16:54, 19 December 2019 by Amwelladmin (talk | contribs)
(diff) ← Older revision | Latest revision (diff) | Newer revision → (diff)
Jump to navigation Jump to search

Standard

12.9(a)(vi) “Increased Cost of Hedging means that the Hedging Party would incur a materially increased (as compared to the circumstances existing on Trade Date) amount of tax, duty, expense or fee (other than brokerage commissions) to (A) acquire, establish, re-establish, substitute, maintain, unwind, finance or dispose of any Hedge Positions, or (B) realize, recover, convert in the Settlement Currency, or remit the proceeds of any such transaction(s) or collateral posted with respect to any Hedge Positions.”