Template:Eqd 12 sa
Article 12. Extraordinary Events
Section 12.1. General Provisions Relating to Extraordinary Events
- 12.1(a). “Extraordinary Event”
- 12.1(b). “Merger Event”
- 12.1(c). “Merger Date”
- 12.1(d). “Tender Offer”
- 12.1(e). “Tender Offer Date”
- 12.1(f). “Share-for-Share”
- 12.1(g). “Share-for-Other”
- 12.1(h). “Share-for-Combined”
- 12.1(i). “New Shares”
- 12.1(j). “Other Consideration”
- 12.1(k). “Combined Consideration”
- 12.1(l). “Announcement Date”
- 12.1(m). “Implied Volatility”
- 12.1(n). “Affected Shares”
Section 12.2. Consequences of Merger Events
- 12.2(a). “Alternative Obligation (Merger Events)”
- 12.2(b). “Cancellation and Payment (Merger Events)”
- 12.2(c). “Options Exchange Adjustment (Merger Events)”
- 12.2(d). “Calculation Agent Adjustment (Merger Events)”
- 12.2(e). “Modified Calculation Agent Adjustment (Merger Events)”
- 12.2(f). “Partial Cancellation and Payment (Merger Events)”
- 12.2(g). “Component Adjustment (Merger Events)”
Section 12.3. Consequences of Tender Offers
- 12.3(a) Cancellation and Payment (Tender Offers)
- 12.3(b) Options Exchange Adjustment (Tender Offers)
- 12.3(c) Calculation Agent Adjustment (Tender Offers)
- 12.3(d) Modified Calculation Agent Adjustment (Tender Offers)
- 12.3(e) Partial Cancellation and Payment (Tender Offers)
- 12.3(f) Component Adjustment (Tender Offers)
Section 12.4. Settlement Following a Merger Event or Tender Offer
Section 12.5. Composition of Combined Consideration
Section 12.6. Nationalization, Insolvency and Delisting
Section 12.7. Payment upon Certain Extraordinary Events
- 12.7(a) (Cancellation and Payment; Partial Cancellation and Payment)
- 12.7(b) (Effect of Extraordinary Events on Option Transactions)
- 12.7(c) (Effect of Extraordinary Events on Forward Transactions and Equity Swap Transactions)
Section 12.8. Cancellation Amount
- 12.8(a) “Cancellation Amount”
- 12.8(b) “Means of determination”
- 12.8(c) “Determination”
- 12.8(d) “Quotations”
- 12.8(e) “Liquidation of hedges”
- 12.8(f) “Determining Party”
- 12.8(g) “Commercially reasonable procedures”
Section 12.9. Additional Disruption Events
- Section 12.9(a): The actual Additional Disruption Events
Section 12.9(a): Other definitions relating to Additional Disruption Events
- 12.9(b) Consequences of an Additional Disruption Event
- 12.9(b)(i) Consequences of Change in Law or Insolvency Filing
- 12.9(b)(ii) Consequences of Failure to Deliver
- 12.9(b)(iii) Consequences of Hedging Disruption
- 12.9(b)(iv) Consequences of Loss of Stock Borrow
- 12.9(b)(v) Consequences of Increased Cost of Stock Borrow
- 12.9(b)(vi) Consequences of Increased Cost of Hedging
- 12.9(b)(vii) Consequences of Hedging Disruption and Loss of Stock Borrow
- 12.9(b)(viii) Shares provided by the Non-Hedging Party
- 12.9(b)(ix) Cancellation Amount payable by one party to the other
- 12.9(b)(i) Consequences of Change in Law or Insolvency Filing