Template:Nutshell Equity Derivatives 12.2(b)
- 12.2(b) “Cancellation and Payment”, the Transaction will be cancelled as of the Merger Date and:
- (i) Option Transactions: Seller will pay Buyer the Section 12.7(b) amount, and
- (ii) Forward Transactions and Equity Swap Transactions: one party will pay the other a 12.7(c) amount;