Mergers - Equity Derivatives Provision: Difference between revisions

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{{eqderivsnap|12.1(b)}}
{{eqdmanual|12.1(b)}}
====Commentary====
In summary, this breaks down into:
*'''Transfer''': an irrevocable commitment to transfer all the {{eqderivprov|Shares}} to another entity;
*'''Merger''': merger or binding share exchange of the Issuer with or into another entity where the other entity survives;
*'''Takeover''': takeover or tender offer by any entity;
*'''Reverse Merger''': merger binding share exchange of the Issuer with or into another entity where the Issuer survives but represents less than 50% of the resulting entity;
Where the {{eqderivprov|Merger Date}} is before the final settlement date.
 
 
See with respect to {{eqderivprov|Merger Events}}:
*{{eqderivprov|Calculation Agent Adjustment}};
*{{eqderivprov|Modified Calculation Agent Adjustment}}.
 
====Related Provisions====
 
 
{{eqderivanatomy}}