Common use of Hedging Disruption Clause in Contracts

Hedging Disruption. Not Applicable. Increased Cost of Hedging: Not Applicable. Increased Cost of Stock Borrow: Applicable; provided that clause (C) of Section 12.9(b)(v) of the Equity Definitions and the third, fourth and fifth sentences of Section 12.9(b)(v) of the Equity Definitions shall be deleted. Initial Stock Loan Rate: 25 basis points per annum. Loss of Stock Borrow: Applicable. Maximum Stock Loan Rate: 200 basis points per annum. Hedging Party: For all applicable Additional Disruption Events, Dealer.

Appears in 7 contracts

Samples: Consolidated Edison Inc, Consolidated Edison Co of New York Inc, Consolidated Edison Co of New York Inc

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!