Template:2002 ISDA Equity Derivatives Definitions 12.7(b)
12.7(b) In respect of an Option Transaction, the amount to be paid by Seller to Buyer will be as agreed promptly (and in any event within five Exchange Business Days) by the parties after the Merger Date, the Tender Offer Date, the date of cancellation in respect of an Index Adjustment Event or the date of occurrence of any event described in Section 12.6, as the case may be (each such date, the "Closing Date"). If the parties are unable to agree on the amount, then:
- 12.7(b)(i) if "Agreed Model" is specified in the related Confirmation to be applicable to such Transaction, then the amount will be determined by the Calculation Agent as the sum of the Unadjusted Value and the Adjustment Value. For the avoidance of doubt, the Buyer shall not be required to pay any amount to the Seller as a result of the cancellation of the Option Transaction other than any unpaid Premium which Buyer will be obliged to pay to Seller as of the date that the amount determined in this Section 12.7(b)(i) is paid.
Template:2002 ISDA Equity Derivatives Definitions 12.7(b)(i) intro Template:2002 ISDA Equity Derivatives Definitions 12.7(b)(i)(A) Template:2002 ISDA Equity Derivatives Definitions 12.7(b)(i)(B) Template:2002 ISDA Equity Derivatives Definitions 12.7(b)(ii)