Template:Nutshell Equity Derivatives 12.2(b): Difference between revisions

Template:Nutshell Equity Derivatives 12.2(b) (view source)

252 bytes removed , 13 May 2022

no edit summary

82,891

edits

@@ Line 1: / Line 1: @@
+:{{eqderivprov|12.2(b)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, the {{eqderivprov|Transaction}} will be cancelled as of the {{eqderivprov|Merger Date}} and:
-:{{eqderivprov|12.2(b)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, then
+::(i) {{eqderivprov|Option Transaction}}s: {{eqderivprov|Seller}} will pay {{eqderivprov|Buyer}} the Section {{eqderivprov|12.7(b)}} amount, and
-::(i) in the case of an {{eqderivprov|Option Transaction}}, the Option Transaction will be cancelled as of the {{eqderivprov|Merger Date}} and {{eqderivprov|Seller}} will pay to {{eqderivprov|Buyer}} the amount calculated in accordance with Section {{eqderivprov|12.7(b)}}, and
+::(ii) {{eqderivprov|Forward Transaction}}s and {{eqderivprov|Equity Swap Transaction}}s: one party will pay the other a {{eqderivprov|12.7(c)}} amount; <br>
-::(ii) in the case of a {{eqderivprov|Forward Transaction}} or an {{eqderivprov|Equity Swap Transaction}}, the {{eqderivprov|Forward Transaction}} or the {{eqderivprov|Equity Swap Transaction}} will be cancelled as of the {{eqderivprov|Merger Date}} and an amount calculated in accordance with {{eqderivprov|12.7(c)}} will be paid by one party to the other; <br>