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Template:Nutshell Equity Derivatives 12.2(a): Difference between revisions
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Template:Nutshell Equity Derivatives 12.2(a) (view source)
Revision as of 15:45, 27 December 2017
, 27 December 2017no edit summary
Amwelladmin (talk | contribs) (Created page with "{{eqderivprov|12.2(a)}} “'''{{eqderivprov|Alternative Obligation}}'''”, then except for {{eqderivprov|Reverse Merger}}s, following the {{eqderivprov|Merger Date}}: *the re...") |
Amwelladmin (talk | contribs) No edit summary |
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{{eqderivprov|12.2(a)}} “'''{{eqderivprov|Alternative Obligation}}'''”, then except for {{eqderivprov|Reverse Merger}}s, following the {{eqderivprov|Merger Date}}: | {{eqderivprov|12.2(a)}} “'''{{eqderivprov|Alternative Obligation}}'''”, then except for {{eqderivprov|Reverse Merger}}s, following the {{eqderivprov|Merger Date}}: | ||
*the relevant{{eqderivprov|New Shares}} or {{eqderivprov|Other Consideration}} (as modified by any relevant terms and including any proceeds of any redemption) | *the relevant {{eqderivprov|New Shares}} or {{eqderivprov|Other Consideration}} (as modified by any relevant terms and including any proceeds of any redemption) will be deemed to be the “{{eqderivprov|Shares}}” | ||
* | *if relevant, the new issuer will be deemed to be the “{{eqderivprov|Issuer}}”; | ||
*the {{eqderivprov|Calculation Agent}} will | *those {{eqderivprov|New Shares}} or {{eqderivprov|Other Consideration}} to which an existing shareholder would be entitled upon completion of the {{eqderivprov|Merger Event}} will be deemed the relevant “{{eqderivprov|Number of Shares}}”; and | ||
*the {{eqderivprov|Calculation Agent}} will make other adjustments to the terms, as necessary (but will not adjust to account solely for changes in volatility, expected dividends, stock loan rate or liquidity). | |||