82,891
edits
Amwelladmin (talk | contribs) m (Amwelladmin moved page Template:2002 ISDA Equity Derivatives Definitions 12.9(vi) to Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(vi) without leaving a redirect) |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
{{eqderivprov|12.9(vi)}} "'''{{eqderivprov|Increased Cost of Hedging}}'''" means that the {{eqderivprov|Hedging Party}} would incur a <br>materially increased (as compared with circumstances existing on the {{isdaprov|Trade Date}}) amount of tax, <br>duty, expense or fee (other than brokerage commissions) to (A) acquire, establish, re-establish, <br>substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to <br>hedge the equity price risk of entering into and performing its obligations with respect to the <br>relevant {{isdaprov|Transaction}}, or (B) realize, recover or remit the proceeds of any such transaction(s) or <br>asset(s), provided that any such materially increased amount that is incurred solely due to the <br>deterioration of the creditworthiness of the {{eqderivprov|Hedging Party}} shall not be deemed an Increased Cost <br>of Hedging; <br> | {{eqderivprov|12.9(a)(vi)}} "'''{{eqderivprov|Increased Cost of Hedging}}'''" means that the {{eqderivprov|Hedging Party}} would incur a <br>materially increased (as compared with circumstances existing on the {{isdaprov|Trade Date}}) amount of tax, <br>duty, expense or fee (other than brokerage commissions) to (A) acquire, establish, re-establish, <br>substitute, maintain, unwind or dispose of any transaction(s) or asset(s) it deems necessary to <br>hedge the equity price risk of entering into and performing its obligations with respect to the <br>relevant {{isdaprov|Transaction}}, or (B) realize, recover or remit the proceeds of any such transaction(s) or <br>asset(s), provided that any such materially increased amount that is incurred solely due to the <br>deterioration of the creditworthiness of the {{eqderivprov|Hedging Party}} shall not be deemed an Increased Cost <br>of Hedging; <br> |