Template:2002 ISDA Equity Derivatives Definitions 12.2(f): Difference between revisions

no edit summary
m (Text replace - ""," to "”,")
No edit summary
 
(2 intermediate revisions by the same user not shown)
Line 1: Line 1:
{{eqderivprov|12.2(f)}} "'''{{eqderivprov|Partial Cancellation and Payment}}'''”, then, in respect of a {{eqderivprov|Share Basket Transaction}}, that <br>portion of the {{eqderivprov|Share Basket Transaction}} represented by {{eqderivprov|Affected Shares}} will be cancelled as of the <br>{{eqderivprov|Merger Date}}, the amount calculated in accordance with Section {{eqderivprov|12.7}} in respect of such {{eqderivprov|Affected Shares}} <br>will be paid by one party to the other, the remainder of the {{eqderivprov|Share Basket Transaction}} will continue with <br>the {{eqderivprov|Basket}} comprising {{eqderivprov|Shares}} that are not {{eqderivprov|Affected Shares}}, and the {{eqderivprov|Calculation Agent}} will adjust any <br>relevant terms if necessary to preserve as nearly as practicable the economic terms of the {{eqderivprov|Transaction}} for <br>the remaining {{eqderivprov|Shares}}; or <br>
:{{eqderivprov|12.2(f)}} '''{{eqderivprov|Partial Cancellation and Payment}}'''”, then, in respect of a {{eqderivprov|Share Basket Transaction}}, that portion of the {{eqderivprov|Share Basket Transaction}} represented by {{eqderivprov|Affected Shares}} will be cancelled as of the {{eqderivprov|Merger Date}}, the amount calculated in accordance with Section {{eqderivprov|12.7}} in respect of such {{eqderivprov|Affected Shares}} will be paid by one party to the other, the remainder of the {{eqderivprov|Share Basket Transaction}} will continue with the {{eqderivprov|Basket}} comprising {{eqderivprov|Shares}} that are not {{eqderivprov|Affected Shares}}, and the {{eqderivprov|Calculation Agent}} will adjust any relevant terms if necessary to preserve as nearly as practicable the economic terms of the {{eqderivprov|Transaction}} for the remaining {{eqderivprov|Shares}}; or <br>