Template:Nutshell Equity Derivatives 12.2(b)
- 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;