Template:Nutshell Equity Derivatives 12.1(i): Difference between revisions

From The Jolly Contrarian
Jump to navigation Jump to search
Created page with "{{subst:2002 ISDA Equity Derivatives Definitions 12.1(i)}}"
 
No edit summary
Line 1: Line 1:
 
:{{eqderivprov|12.1(i)}} “'''{{eqderivprov|New Shares}}'''” means ordinary or common shares of any entity that following the {{eqderivprov|Merger Date}} or {{eqderivprov|Tender Offer Date}} will be:
:{{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, on a venue located in the same country as the {{eqderivprov|Exchange}} (or, for [[European Union]] {{eqderivprov|Exchange}}s, in the {{tag|European Union}}) and
::(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 exchange controls or trading limitations. <br>
::(ii) not subject to any currency exchange controls, trading restrictions or other trading limitations. <br>

Revision as of 08:13, 13 May 2022

12.1(i)New Shares” means ordinary or common shares of any entity that following the Merger Date or Tender Offer Date will be:
(i) publicly quoted, on a venue located in the same country as the Exchange (or, for European Union Exchanges, in the European Union) and
(ii) not subject to any exchange controls or trading limitations.