Template:Nutshell Equity Derivatives 12.2(b): Difference between revisions
Jump to navigation
Jump to search
Amwelladmin (talk | contribs) Created page with "{{subst:2002 ISDA Equity Derivatives Definitions 12.2(b)}}" |
Amwelladmin (talk | contribs) No edit summary |
||
Line 1: | Line 1: | ||
:{{eqderivprov|12.2(b)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, then | :{{eqderivprov|12.2(b)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, then | ||
::(i) | ::(i) An {{eqderivprov|Option Transaction}} will be cancelled as of the {{eqderivprov|Merger Date}} and {{eqderivprov|Seller}} will pay {{eqderivprov|Buyer}} the Section {{eqderivprov|12.7(b)}} amount, and | ||
::(ii) | ::(ii) A {{eqderivprov|Forward Transaction}} or {{eqderivprov|Equity Swap Transaction}} will be cancelled as of the {{eqderivprov|Merger Date}} and one party will pay the other a {{eqderivprov|12.7(c)}} amount; <br> |
Revision as of 10:51, 13 May 2022
- 12.2(b) “Cancellation and Payment”, then
- (i) An Option Transaction will be cancelled as of the Merger Date and Seller will pay Buyer the Section 12.7(b) amount, and
- (ii) A Forward Transaction or Equity Swap Transaction will be cancelled as of the Merger Date and one party will pay the other a 12.7(c) amount;