Template:2002 ISDA Equity Derivatives Definitions 12.1(i): Difference between revisions

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{{eqderivprov|12.1(i)}} “'''{{eqderivprov|New Shares}}'''” means ordinary or common shares, whether of the entity or person (other than the {{eqderivprov|Issuer}}) involved in the {{eqderivprov|Merger Event}} or the making of the {{eqderivprov|Tender Offer}} or a third party, that are, or that as of the {{eqderivprov|Merger Date}} or {{eqderivprov|Tender Offer Date}} are promptly scheduled to be, (i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the {{eqderivprov|Exchange}} (or, where the {{eqderivprov|Exchange}} is within the {{t|European Union}}, in any member state of the {{tag|European Union}}) and (ii) not subject to any currency exchange controls, trading restrictions or other trading limitations. <br>
:{{eqderivprov|12.1(i)}} “'''{{eqderivprov|New Shares}}'''” means ordinary or common shares, whether of the entity or person (other than the {{eqderivprov|Issuer}}) involved in the {{eqderivprov|Merger Event}} or the making of the {{eqderivprov|Tender Offer}} or a third party, that are, or that as of the {{eqderivprov|Merger Date}} or {{eqderivprov|Tender Offer Date}} are promptly scheduled to be,
::(i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the {{eqderivprov|Exchange}} (or, where the {{eqderivprov|Exchange}} is within the {{t|European Union}}, in any member state of the {{tag|European Union}}) and
::(ii) not subject to any currency exchange controls, trading restrictions or other trading limitations. <br>

Revision as of 13:51, 18 May 2018

12.1(i)New Shares” means ordinary or common shares, whether of the entity or person (other than the Issuer) involved in the Merger Event or the making of the Tender Offer or a third party, that are, or that as of the Merger Date or Tender Offer Date are promptly scheduled to be,
(i) publicly quoted, traded or listed on an exchange or quotation system located in the same country as the Exchange (or, where the Exchange is within the European Union, in any member state of the European Union) and
(ii) not subject to any currency exchange controls, trading restrictions or other trading limitations.