Template:2002 ISDA Equity Derivatives Definitions 12.6(a): Difference between revisions

:(i) "'''{{eqderivprov|Nationalization}}'''" means that all the {{eqderivprov|Shares}} or all or substantially all the assets of an {{eqderivprov|Issuer}} are nationalized, expropriated or are otherwise required to be transferred to any governmental agency, authority, entity or instrumentality thereof; <br>

:(ii) "'''{{eqderivprov|Insolvency}}'''" means that by reason of the voluntary or involuntary liquidation, bankruptcy, insolvency, dissolution or winding-up of or any analogous proceeding affecting an {{eqderivprov|Issuer}}, (A) all the {{eqderivprov|Shares}} of that {{eqderivprov|Issuer}} are required to be transferred to a trustee, liquidator or other similar official or (B) holders of the {{eqderivprov|Shares}} of that Issuer become legally prohibited from transferring them; and <br>

:(iii) "'''{{eqderivprov|Delisting}}'''" means that the {{eqderivprov|Exchange}} announces that pursuant to the rules of such {{eqderivprov|Exchange}}, the {{eqderivprov|Shares}} cease (or will cease) to be listed, traded or publicly quoted on the Exchange for any reason (other than a {{eqderivprov|Merger Event}} or {{eqderivprov|Tender Offer}}) and are not immediately re-listed, re-traded or re-quoted on an exchange or quotation system located in the same country as the {{eqderivprov|Exchange}} (or, where the {{eqderivprov|Exchange}} is within the [[European Union]], in any member state of the [[European Union]]).<br>