Template:2002 ISDA Equity Derivatives Definitions 12.9(b)(i): Difference between revisions

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{{subst:12.9(b)(i)}} If "{{eqderivprov|Change in Law}}" or "{{eqderivprov|Insolvency Filing}}" is specified in the related <br>{{eqderivprov|Confirmation}} to be applicable to a {{csaprov|Transaction}}, then upon the occurrence of such an event either <br>party may elect to terminate the {{eqderivprov|Transaction}} upon at least two {{eqderivprov|Scheduled Trading Days}}' notice to <br>the other party specifying the date of such termination (or such lesser notice as may be required <br>to comply with the {{eqderivprov|Change in Law}}), in which event the {{eqderivprov|Transaction}} will terminate and the <br>{{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other. <br>
{{eqderivprov|12.9(b)(i)}} If "{{eqderivprov|Change in Law}}" or "{{eqderivprov|Insolvency Filing}}" is specified in the related <br>{{eqderivprov|Confirmation}} to be applicable to a {{csaprov|Transaction}}, then upon the occurrence of such an event either <br>party may elect to terminate the {{eqderivprov|Transaction}} upon at least two {{eqderivprov|Scheduled Trading Days}}' notice to <br>the other party specifying the date of such termination (or such lesser notice as may be required <br>to comply with the {{eqderivprov|Change in Law}}), in which event the {{eqderivprov|Transaction}} will terminate and the <br>{{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other. <br>