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

{{eqderivprov|12.9(b)(vi)}} If “'''{{eqderivprov|Increased Cost of Hedging}}'''” applies and it occurs, the {{eqderivprov|Hedging Party}} will so notify the {{eqderivprov|Non-Hedging Party}} and that it will make a {{eqderivprov|Price Adjustment}}. Within 2 {{eqderivprov|Scheduled Trading Days}} the {{eqderivprov|Non-Hedging Party}} must elect to the {{eqderivprov|Hedging Party}} either to:

:(A) amend the Transaction to cater for the {{eqderivprov|Price Adjustment}},

:(B) pay the {{eqderivprov|Hedging Party}} the {{eqderivprov|Price Adjustment}} or  

:(C) terminate the {{eqderivprov|Transaction}} as of that second {{eqderivprov|Scheduled Trading Day}}. Absent such an election the Hedging Party may terminate the {{eqderivprov|Transaction}}. On any termination of the {{eqderivprov|Transaction}}, the {{eqderivprov|Determining Party}} will determine the {{eqderivprov|Cancellation Amount}}. <br>