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

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:{{eqderivprov|12.9(b)(iii)}} If "'''{{eqderivprov|Hedging Disruption}}'''" is specified in the related Confirmation to be applicable to a {{eqderivprov|Transaction}}, then upon the occurrence of such an event the {{eqderivprov|Hedging Party}} may elect, while the {{eqderivprov|Hedging Disruption}} is continuing, to terminate the {{eqderivprov|Transaction}}, upon at least two Scheduled Trading Days' notice to the {{eqderivprov|Non-Hedging Party}} specifying the date of such termination, in which event the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other.<br>
::{{eqderivprov|12.9(b)(iii)}} If '''{{eqderivprov|Hedging Disruption}}'''is specified in the related {{eqderivprov|Confirmation}} to be applicable to a {{eqderivprov|Transaction}}, then upon the occurrence of such an event the {{eqderivprov|Hedging Party}} may elect, while the {{eqderivprov|Hedging Disruption}} is continuing, to terminate the {{eqderivprov|Transaction}}, upon at least two {{eqderivprov|Scheduled Trading Day}}s’ notice to the {{eqderivprov|Non-Hedging Party}} specifying the date of such termination, in which event the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}} payable by one party to the other.<br>