Template:Nutshell 2002 ISDA Designated Event: Difference between revisions
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A “'''{{isdaprov|Designated Event}}'''” means that the relevant entity:― | |||
:(1) merges with, or transfers substantially all of its assets into, or reorganises itself as another entity; | |||
:(2) comes under the effective voting control of another entity; or | |||
:(3) makes a substantial change in its capital structure by issuing or guaranteeing [[debt]], [[equities]] or analogous interests, or [[securities]] convertible into them; <br> | |||
Latest revision as of 11:33, 10 August 2018
A “Designated Event” means that the relevant entity:―
- (1) merges with, or transfers substantially all of its assets into, or reorganises itself as another entity;
- (2) comes under the effective voting control of another entity; or
- (3) makes a substantial change in its capital structure by issuing or guaranteeing debt, equities or analogous interests, or securities convertible into them;