Common use of Hedging Disruption Clause in Contracts

Hedging Disruption. 18.1 Notwithstanding anything to the contrary in these Terms, if we determine that a hedging disruption has occurred, or may occur, including a hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price risk. 18.2 Irrespective of whether such hedging disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, you will be liable to us for any increased costs or expenses resulting from such hedging disruption (including any costs of unwinding, establishing or re-establishing a hedge). 18.3 We may, upon notification of such costs to you, deduct such amounts from your account or demand payment where there are insufficient funds in your account. Your failure to comply fully with the obligation to make payment, by or before the required time, will constitute an Event of Default.

Hedging Disruption. 18.1 ‌ Notwithstanding anything to the contrary in these Terms, if we determine that a hedging disruption has occurred, or may occur, including a hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price risk. 18.2 . Irrespective of whether such hedging disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, you will be liable to us for any increased costs or expenses resulting from such hedging disruption (including any costs of unwinding, establishing or re-establishing a hedge). 18.3 . We may, upon notification of such costs to you, deduct such amounts from your account or demand payment where there are insufficient funds in your account. Your failure to comply fully with the obligation to make payment, by or before the required time, will constitute an Event of Default.

Hedging Disruption. 18.1 Notwithstanding anything to the contrary in these Terms, if we determine that a hedging disruption has occurred, or may occur, including a hedging disruption which is a result of any actual or imminent delay, disruption, suspension, or reduction in any payment or settlement in respect of any transaction or asset we may deem necessary to hedge our Transaction price risk. 18.2 . Irrespective of whether such hedging disruption arises directly or indirectly from the failure of a hedging counterparty to perform its obligations or otherwise, you will be liable to us for any increased costs or expenses resulting from such hedging disruption (including any costs of unwinding, establishing or re-establishing a hedge). 18.3 . We may, upon notification of such costs to you, deduct such amounts from your account or demand payment where there are insufficient funds in your account. Your failure to comply fully with the obligation to make payment, by or before the required time, will constitute an Event of Default.