Common use of Hedge Period Clause in Contracts

Hedge Period. If a Hedge Event occurs, the period from and including the first Hedging Date to and including the Hedge Completion Date. Hedging Date: If a Hedge Event occurs, the fifth, ninth and thirteenth Scheduled Trading Days after the Trade Date and every fourth Scheduled Trading Day thereafter. Hedge Completion Date: For each Transaction, if a Hedge Event occurs, the Hedging Date on which Bank finishes establishing its initial Hedge Positions in respect of such Transaction, as determined by Bank in its good faith and commercially reasonable discretion, but in no event later than the Hedge Period End Date.

Appears in 2 contracts

Samples: Letter Agreement (Legg Mason Inc), Legg Mason Inc

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Hedge Period. If a Hedge Event occurs, the period from and including the first Hedging Date to and including the Hedge Completion Date. Hedging Date: If a Hedge Event occurs, the fifthfourth, ninth eighth and thirteenth twelfth Scheduled Trading Days after the Trade Date and every fourth Scheduled Trading Day thereafter. Hedge Completion Date: For each Transaction, if a Hedge Event occurs, the Hedging Date on which Bank finishes establishing its initial Hedge Positions in respect of such Transaction, as determined by Bank in its good faith and commercially reasonable discretion, but in no event later than the Hedge Period End Date.

Appears in 2 contracts

Samples: Legg Mason Inc, Legg Mason Inc

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Hedge Period. If a Hedge Event occurs, the period from and including the first Hedging Date to and including the Hedge Completion Date. Hedging Date: If a Hedge Event occurs, the fifthsecond, ninth sixth and thirteenth tenth Scheduled Trading Days after the Trade Date and every fourth Scheduled Trading Day thereafter. Hedge Completion Date: For each Transaction, if a Hedge Event occurs, the Hedging Date on which Bank finishes establishing its initial Hedge Positions in respect of such Transaction, as determined by Bank in its good faith and commercially reasonable discretion, but in no event later than the Hedge Period End Date.

Appears in 2 contracts

Samples: Legg Mason Inc, Legg Mason Inc

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