Disruption Events. Section 12.9(b)(i) of the Equity Definitions is hereby amended by replacing the words “the Determining Party will determine the Cancellation Amount payable by one party to the other” with the words “the Calculation Agent will determine the amount payable by one party to the other as provided in ‘IVS Cancellation and Payment (Calculation Agent Determination)’” Additional Representations, Agreements and Acknowledgments: Non-Reliance: Applicable Agreements and Acknowledgments Regarding Hedging Activities: Applicable Index Disclaimer: Applicable Additional Acknowledgments: Applicable
Appears in 2 contracts
Samples: Master Confirmation Agreement, 2007 European Variance Swap Master Confirmation Agreement
Disruption Events. Section 12.9(b)(i) of the Equity Definitions is hereby amended by replacing the words “the Determining Party will determine the Cancellation Amount payable by one party to the other” with the words “the Calculation Agent will determine the amount payable by one party to the other as provided in ‘IVS SVS Cancellation and Payment (Calculation Agent Determination)’” Additional Representations, Agreements and Acknowledgments: Non-Reliance: Applicable Agreements and Acknowledgments Regarding Hedging Activities: Applicable Index Disclaimer: Applicable Additional Acknowledgments: Applicable
Appears in 2 contracts
Samples: 2007 European Variance Swap Master Confirmation Agreement, Master Confirmation Agreement