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Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(vii): Difference between revisions
Template:2002 ISDA Equity Derivatives Definitions 12.9(a)(vii) (view source)
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{{eqderivprov|12.9(a)(vii)}} | ::{{eqderivprov|12.9(a)(vii)}} “'''{{eqderivprov|Loss of Stock Borrow}}'''” means that the {{eqderivprov|Hedging Party}} is unable, after using commercially reasonable efforts, to borrow (or maintain a borrowing of) {{eqderivprov|Shares}} with respect to such {{eqderivprov|Transaction}} in an amount equal to the {{eqderivprov|Hedging Shares}} (not to exceed the number of {{eqderivprov|Shares}} underlying the {{eqderivprov|Transaction}}) at a rate equal to or less than the {{eqderivprov|Maximum Stock Loan Rate}}; <br /> | ||