Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(ii): Difference between revisions

{{eqderivprov|12.9(a)(ii)}} "'''{{eqderivprov|Change in Law}}'''” means that, on or after the {{isdaprov|Trade Date}} of any {{isdaprov|Transaction}} (A) <br>due to the adoption of or any change in any applicable law or regulation (including, without <br>limitation, any tax law), or (B) due to the promulgation of or any change in the interpretation by <br>any court, tribunal or regulatory authority with competent jurisdiction of any applicable law or <br>regulation (including any action taken by a taxing authority), a party to such {{isdaprov|Transaction}} <br>determines in good faith that (X) it has become illegal to hold, acquire or dispose of {{eqderivprov|Shares}} <br>relating to such {{isdaprov|Transaction}}, or (Y) it will incur a materially increased cost in performing its <br>obligations under such {{eqderivprov|Transaction}} (including, without limitation, due to any increase in tax <br>liability, decrease in tax benefit or other adverse effect on its tax position); <br>