Template:Nutshell Equity Derivatives 12.1(b): Difference between revisions

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::(iv) the {{eqderivprov|Issuer}} or its subsidiaries [[Merger|merges]] with another entity where the {{eqderivprov|Issuer}} is the continuing entity and the {{eqderivprov|Shares}} are not changed, but the outstanding {{eqderivprov|Shares}} (not controlled by the other entity) immediately before the [[merger]] represented less than 50% of the outstanding {{eqderivprov|Shares}} left after the [[merger]] (a “'''{{eqderivprov|Reverse Merger}}'''”),
::(iv) the {{eqderivprov|Issuer}} or its subsidiaries [[Merger|merges]] with another entity where the {{eqderivprov|Issuer}} is the continuing entity and the {{eqderivprov|Shares}} are not changed, but the outstanding {{eqderivprov|Shares}} (not controlled by the other entity) immediately before the [[merger]] represented less than 50% of the outstanding {{eqderivprov|Shares}} left after the [[merger]] (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) for {{eqderivprov|Physically}}-settled {{eqderivprov|Option Transaction}}s the later of the {{eqderivprov|Expiration Date}} and the final {{eqderivprov|Settlement Date}},
::(A) for {{eqderivprov|Physically-settled}} {{eqderivprov|Option Transaction}}s the later of the {{eqderivprov|Expiration Date}} and the final {{eqderivprov|Settlement Date}},
::(B) for {{eqderivprov|Physically}}-settled {{eqderivprov|Forward Transaction}} or {{eqderivprov|Equity Swap Transaction}}s, the relevant {{eqderivprov|Settlement Date}} or,  
::(B) for {{eqderivprov|Physically-settled}} {{eqderivprov|Forward Transaction}} or {{eqderivprov|Equity Swap Transaction}}s, 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>