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{{gmraprov|2(t)}} Securities are “'''{{gmraprov|equivalent}}''' to” other {{gmraprov|Securities}} for the purposes of this {{gmraprov|Agreement}} if they are: <br> | |||
:(i) of the same issuer; <br> | :(i) of the same issuer; <br> | ||
:(ii) part of the same issue; and (iii) of an identical type, nominal value, description and (except where otherwise stated) amount as those other {{gmraprov|Securities}}, provided that <br> | :(ii) part of the same issue; and (iii) of an identical type, nominal value, description and (except where otherwise stated) amount as those other {{gmraprov|Securities}}, provided that <br> | ||
::(A) Securities will be {{gmraprov|equivalent}} to other {{gmraprov|Securities}} notwithstanding that those {{gmraprov|Securities}} have been redenominated into euro or that the nominal value of those {{gmraprov|Securities}} has changed in connection with such redenomination; and | ::(A) Securities will be {{gmraprov|equivalent}} to other {{gmraprov|Securities}} notwithstanding that those {{gmraprov|Securities}} have been redenominated into euro or that the nominal value of those {{gmraprov|Securities}} has changed in connection with such redenomination; and | ||
::(B) where {{gmraprov|Securities}} have been converted, subdivided or consolidated or have become the subject of a takeover or the holders of {{gmraprov|Securities}} have become entitled to receive or acquire other {{gmraprov|Securities}} or other property or the {{gmraprov|Securities}} have become subject to any similar event, the expression “'''{{gmraprov|equivalent}}''' to” shall mean {{gmraprov|Securities}} {{gmraprov|equivalent}} to (as defined in the provisions of this definition preceding the proviso) the original {{gmraprov|Securities}} together with or replaced by a sum of money or {{gmraprov|Securities}} or other property {{gmraprov|equivalent}} to (as so defined) that receivable by holders of such original {{gmraprov|Securities}} resulting from such event; <br> | ::(B) where {{gmraprov|Securities}} have been converted, subdivided or consolidated or have become the subject of a takeover or the holders of {{gmraprov|Securities}} have become entitled to receive or acquire other {{gmraprov|Securities}} or other property or the {{gmraprov|Securities}} have become subject to any similar event, the expression “'''{{gmraprov|equivalent}}''' to” shall mean {{gmraprov|Securities}} {{gmraprov|equivalent}} to (as defined in the provisions of this definition preceding the proviso) the original {{gmraprov|Securities}} together with or replaced by a sum of money or {{gmraprov|Securities}} or other property {{gmraprov|equivalent}} to (as so defined) that receivable by holders of such original {{gmraprov|Securities}} resulting from such event; <br> |