Template:Nutshell Equity Derivatives 12.9(b)(iv): Difference between revisions

{{eqderivprov|12.9(b)(iv)}} If "{{eqderivprov|Loss of Stock Borrow}}" applies, then if the {{eqderivprov|Hedging Party}} notifies the {{eqderivprov|Non-Hedging Party}} that a {{eqderivprov|Loss of Stock Borrow}} has occurred, the {{eqderivprov|Non-Hedging Party}} may, within two {{eqderivprov|Scheduled Trading Days}} of notice, lend (or procure a {{eqderivprov|Lending Party}} to lend) the Hedging Party the necessary {{eqderivprov|Shares}} at a rate no greater than the Maximum {{eqderivprov|Stock Loan Rate}}. If it does not, the {{eqderivprov|Hedging Party}} may terminate the {{eqderivprov|Transaction}} on notice and the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}}.