Template:2002 ISDA Equity Derivatives Definitions 12.3(f): Difference between revisions

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{{eqderivprov|12.3(f)}} “'''{{eqderivprov|Component Adjustment (Tender Offers)}}'''”, then, in respect of a {{eqderivprov|Share-for-Combined}} {{eqderivprov|Tender Offer}}, the consequence specified opposite “{{eqderivprov|Share-for-Share}}” shall apply to that portion of the consideration that consists of {{eqderivprov|New Shares}} (as determined by the {{eqderivprov|Calculation Agent}}) and the consequence specified opposite “{{eqderivprov|Share-for-Other}}” shall apply to that portion of the consideration that consists of {{eqderivprov|Other Consideration}} (as determined by the {{eqderivprov|Calculation Agent}}). <bR>
{{eqderivprov|12.3(f)}} “'''[[Component Adjustment (Tender Offers) - Equity Derivatives Provision|Component Adjustment]]'''”, then, in respect of a {{eqderivprov|Share-for-Combined}} {{eqderivprov|Tender Offer}}, the consequence specified opposite “{{eqderivprov|Share-for-Share}}” shall apply to that portion of the consideration that consists of {{eqderivprov|New Shares}} (as determined by the {{eqderivprov|Calculation Agent}}) and the consequence specified opposite “{{eqderivprov|Share-for-Other}}” shall apply to that portion of the consideration that consists of {{eqderivprov|Other Consideration}} (as determined by the {{eqderivprov|Calculation Agent}}). <bR>

Revision as of 10:48, 13 October 2017

12.3(f)Component Adjustment”, then, in respect of a Share-for-Combined Tender Offer, the consequence specified opposite “Share-for-Share” shall apply to that portion of the consideration that consists of New Shares (as determined by the Calculation Agent) and the consequence specified opposite “Share-for-Other” shall apply to that portion of the consideration that consists of Other Consideration (as determined by the Calculation Agent).