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Template:2002 ISDA Equity Derivatives Definitions 12.1(b): Difference between revisions
Template:2002 ISDA Equity Derivatives Definitions 12.1(b) (view source)
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::(iv) consolidation, amalgamation, merger or binding share exchange of the Issuer or its subsidiaries with or into another entity in which the {{eqderivprov|Issuer}} is the continuing entity and which does not result in a reclassification or change of all such {{eqderivprov|Shares}} outstanding but results in the outstanding {{eqderivprov|Shares}} (other than Shares owned or controlled by such other entity) immediately prior to such event collectively representing less than 50% of the outstanding {{eqderivprov|Shares}} immediately following such event (a “'''{{eqderivprov|Reverse Merger}}'''”), | ::(iv) consolidation, amalgamation, merger or binding share exchange of the Issuer or its subsidiaries with or into another entity in which the {{eqderivprov|Issuer}} is the continuing entity and which does not result in a reclassification or change of all such {{eqderivprov|Shares}} outstanding but results in the outstanding {{eqderivprov|Shares}} (other than Shares owned or controlled by such other entity) immediately prior to such event collectively representing less than 50% of the outstanding {{eqderivprov|Shares}} immediately following such event (a “'''{{eqderivprov|Reverse Merger}}'''”), | ||
:in each case if the {{eqderivprov|Merger Date}} is on or before, | :in each case if the {{eqderivprov|Merger Date}} is on or before, | ||
::(A) in the case of a {{eqderivprov|Physically}} | ::(A) in the case of a {{eqderivprov|Physically-settled}} {{eqderivprov|Option Transaction}} the later to occur of the {{eqderivprov|Expiration Date}} or the final {{eqderivprov|Settlement Date}}, | ||
::(B) in the case of a {{eqderivprov|Physically}} | ::(B) in the case of a {{eqderivprov|Physically-settled}} {{eqderivprov|Forward Transaction}} or a {{eqderivprov|Physically}}-settled {{eqderivprov|Equity Swap Transaction}}, the relevant {{eqderivprov|Settlement Date}} or, | ||
::(C) in any other case, the final {{eqderivprov|Valuation Date}}. <br> | ::(C) in any other case, the final {{eqderivprov|Valuation Date}}. <br> | ||