Template:Nutshell Equity Derivatives 12.6(a): Difference between revisions

{{eqderivprov|12.6(a)}} The definitions apply: <br>

:(i) “'''{{eqderivprov|Nationalization}}'''” means all an {{eqderivprov|Issuer}}’s {{eqderivprov|Shares}} or substantially all of its assets have to be transferred to a government; <br>

:(ii) “'''{{eqderivprov|Insolvency}}'''” means that an {{eqderivprov|Issuer}} becomes insolvent and:

::(A) all its {{eqderivprov|Shares}} have to be transferred to an insolvency administrator or  

::(B) {{eqderivprov|Share}}holders  of that {{eqderivprov|Issuer}} are prohibited from transferring them; and <br>

:(iii) “'''{{eqderivprov|Delisting}}'''” means that the {{eqderivprov|Exchange}} announces that the {{eqderivprov|Shares}} will cease to be listed on the {{eqderivprov|Exchange}}  (except because of  a {{eqderivprov|Merger Event}} or {{eqderivprov|Tender Offer}}) and are not immediately re-listed on another exchange in the same country (or, where the {{eqderivprov|Exchange}} is in the [[European Union]], in the [[European Union]]).<br>