Template:Nutshell 2002 ISDA Designated Event: Difference between revisions

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Created page with ":A “'''{{isdaprov|Designated Event}}'''” means that the relevant entity:― ::(1) merges with, or transfers substantially all of its assets into, or reorganises itself i..."
 
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::(1) merges with, or transfers substantially all of its assets into, or reorganises itself into another entity;  
::(1) merges with, or transfers substantially all of its assets into, or reorganises itself into another entity;  
::(2) comes under the effective voting control of another entity; or  
::(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 [[securities]] convertible into debt or equities (or analogous ownership interests); or <br>
::(3) makes a substantial change in its capital structure by issuing or guaranteeing [[debt]], [[equities]] or analogous interests, or [[securities]] convertible into them; <br>

Revision as of 13:53, 2 August 2018

A “Designated Event” means that the relevant entity:―
(1) merges with, or transfers substantially all of its assets into, or reorganises itself into 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;