Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(iii): Difference between revisions
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{{eqderivprov|12.9(a)(iii)}} "'''{{eqderivprov|Failure to Deliver}}'''" means the failure of a party to deliver, when due, the | {{eqderivprov|12.9(a)(iii)}} "'''{{eqderivprov|Failure to Deliver}}'''" means the failure of a party to deliver, when due, the relevant {{eqderivprov|Shares}} under that {{eqderivprov|Transaction}}, where such failure to deliver is due to illiquidity in the market for such {{eqderivprov|Shares}}; <br> | ||
Revision as of 16:41, 11 July 2017
12.9(a)(iii) "Failure to Deliver" means the failure of a party to deliver, when due, the relevant Shares under that Transaction, where such failure to deliver is due to illiquidity in the market for such Shares;