Template:Nutshell Equity Derivatives 12.2(b): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
No edit summary
No edit summary
 
Line 1: Line 1:
:{{eqderivprov|12.2(b)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, then the relevant Transaction will be cancelled as of the {{eqderivprov|Merger Date}} and:
:{{eqderivprov|12.2(b)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, the {{eqderivprov|Transaction}} will be cancelled as of the {{eqderivprov|Merger Date}} and:
::(i) {{eqderivprov|Option Transaction}}s: {{eqderivprov|Seller}} will pay {{eqderivprov|Buyer}} the Section {{eqderivprov|12.7(b)}} amount, and  
::(i) {{eqderivprov|Option Transaction}}s: {{eqderivprov|Seller}} will pay {{eqderivprov|Buyer}} the Section {{eqderivprov|12.7(b)}} amount, and  
::(ii) {{eqderivprov|Forward Transaction}}s and {{eqderivprov|Equity Swap Transaction}}s: one party will pay the other a {{eqderivprov|12.7(c)}} amount; <br>
::(ii) {{eqderivprov|Forward Transaction}}s and {{eqderivprov|Equity Swap Transaction}}s: one party will pay the other a {{eqderivprov|12.7(c)}} amount; <br>

Latest revision as of 10:52, 13 May 2022

12.2(b)Cancellation and Payment”, the Transaction will be cancelled as of the Merger Date and:
(i) Option Transactions: Seller will pay Buyer the Section 12.7(b) amount, and
(ii) Forward Transactions and Equity Swap Transactions: one party will pay the other a 12.7(c) amount;