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

From The Jolly Contrarian
Jump to navigation Jump to search
Created page with "{{subst:2002 ISDA Equity Derivatives Definitions 12.1(f)}}"
 
No edit summary
 
Line 1: Line 1:
 
:{{eqderivprov|12.1(f)}} “'''{{eqderivprov|Share-for-Share}}'''” means  
:{{eqderivprov|12.1(f)}} “'''{{eqderivprov|Share-for-Share}}'''” means (i) in respect of a {{eqderivprov|Merger Event}} or {{eqderivprov|Tender Offer}}, that the consideration for the relevant {{eqderivprov|Shares}} consists (or, at the option of the holder of such {{eqderivprov|Shares}}, will consist) solely of {{eqderivprov|New Shares}}, and (ii) a {{eqderivprov|Reverse Merger}}. <br>
::(i) for a {{eqderivprov|Merger Event}} or {{eqderivprov|Tender Offer}}, that the [[consideration]] for the relevant {{eqderivprov|Shares}} consists (or, at the option of the holder of such {{eqderivprov|Shares}}, will consist) solely of {{eqderivprov|New Shares}}, and  
::(ii) a {{eqderivprov|Reverse Merger}}. <br>

Latest revision as of 14:12, 12 May 2022

12.1(f)Share-for-Share” means
(i) for a Merger Event or Tender Offer, that the consideration for the relevant Shares consists (or, at the option of the holder of such Shares, will consist) solely of New Shares, and
(ii) a Reverse Merger.