Template:Hedge position adjustment: Difference between revisions

Latest revision as of 17:10, 11 January 2022

Hedge Position Adjustments	In determining any amounts payable under a Transaction, the Calculation Agent will include: (a) the Hedging Party’s costs of hedging (including any Local Taxes); (b) any losses it incurs as a result of default under any Hedge Positions; and (c) any costs of converting amounts into the Settlement Currency.

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-{|
+{| class="wikitable" style="vertical-align:top; width: 100%; border: solid thin gray; background:white;"
-|+ Caption text
 |-
-| Hedge Position Adjustments || In determining any amounts payable under a {{eqderivprov|Transaction}}, the {{eqderivprov|Calculation Agent}} will include: <br>
+{{aligntop}}
-(a) the {{eqderivprov|Hedging Party}}’s costs of hedging (including any {{eqderivprov|Local Tax}}es); <br>
+| {{eqderivprov|Hedge Position Adjustments}} || In determining any amounts payable under a {{eqderivprov|Transaction}}, the {{eqderivprov|Calculation Agent}} will include: <br>
+(a) the {{eqderivprov|Hedging Party}}’s costs of hedging (including any {{eqderivprov|Local Taxes}}); <br>
 (b) any losses it incurs as a result of default under any {{eqderivprov|Hedge Position}}s; and <br>
 (c) any costs of converting amounts into the {{eqderivprov|Settlement Currency}}.
 |}