Common use of Adjustment Events, Voting Rights, Hedging Contracts Clause in Contracts

Adjustment Events, Voting Rights, Hedging Contracts. 8.1. If any Instrument becomes subject to adjustment as the result of any of the Adjustment Events set out in clause 8.2 below, ADSS may determine in its sole and absolute discretion, in accordance with common market practice and as far as practicable, the appropriate adjustment and/or amendment (including suspension or closeout of the Transaction), to be made to the related Transaction(s) (and/ or to the level of any Order) or otherwise in each case in a timely manner. Such adjustment, if any, will be effective from the date determined by us which, for the avoidance of doubt, may be retrospective. Any adjustment will be conclusive and binding on you and we will inform you of the adjustment and/or amendment of the relevant Instrument under these Terms as soon as reasonably practicable.

Appears in 3 contracts

Samples: Terms of Business, Terms of Business, Terms of Business

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Adjustment Events, Voting Rights, Hedging Contracts. 8.1. 8.1 If any Instrument becomes subject to adjustment as the result of any of the Adjustment Events set out in clause 8.2 below, ADSS may determine in its sole and absolute discretion, in accordance with common market practice and as far as practicable, the appropriate adjustment and/or amendment (including suspension or closeout of the Transaction), to be made to the related Transaction(s) (and/ or and/or to the level of any Order) or otherwise in each case in a timely manner. Such adjustment, if any, will be effective from the date determined by us which, for the avoidance of doubt, may be retrospective. Any adjustment will be conclusive and binding on you and we will inform you of the adjustment and/or amendment of the relevant Instrument under these Terms as soon as reasonably practicable.

Appears in 1 contract

Samples: Terms of Business

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