Template:Nutshell Equity Derivatives 12.3(a): Difference between revisions

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:{{eqderivprov|12.3(a)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, then the {{eqderivprov|Transaction}} in question will be cancelled as of the {{eqderivprov|Tender Offer Date}} and:
:{{eqderivprov|12.3(a)}} “'''{{eqderivprov|Cancellation and Payment}}'''”, then the {{eqderivprov|Transaction}} in question will be cancelled as of the {{eqderivprov|Tender Offer Date}} and:
::(i) Under an {{eqderivprov|Option Transaction}}, {{eqderivprov|Seller}} will pay {{eqderivprov|Buyer}} the amount calculated under Section {{eqderivprov|12.7}}({{eqderivprov|b}}), and  
::(i) Under an {{eqderivprov|Option Transaction}}, {{eqderivprov|Seller}} will pay {{eqderivprov|Buyer}} the amount calculated under Section {{eqderivprov|12.7(b)}}, and  
::(ii) Under a {{eqderivprov|Forward Transaction}} or a {{eqderivprov|Equity Swap Transaction}} one party will pay to the other the amount calculated under Section {{eqderivprov|12.7}}({{eqderivprov|c}}); <br>
::(ii) Under a {{eqderivprov|Forward Transaction}} or a {{eqderivprov|Equity Swap Transaction}} one party will pay to the other the amount calculated under Section {{eqderivprov|12.7(c)}}; <br>