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

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:{{eqderivprov|12.3(e)}} “'''{{eqderivprov|Partial Cancellation and Payment}}'''”, then the portion of a {{eqderivprov|Share Basket Transaction}} represented by {{eqderivprov|Affected Shares}} will be cancelled as of the {{eqderivprov|Tender Offer Date}}, the amount calculated under Section {{eqderivprov|12.7}} for such {{eqderivprov|Affected Shares}} will be paid by one party to the other, the {{eqderivprov|Share Basket Transaction}} will continue with the {{eqderivprov|Basket}} comprising the remaining {{eqderivprov|Shares}}, and the {{eqderivprov|Calculation Agent}} will adjust any terms if necessary to preserve as nearly as practicable the economic terms of the {{eqderivprov|Transaction}} for the remaining {{eqderivprov|Shares}}; or <br>
:{{eqderivprov|12.3(e)}} “'''{{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|Tender Offer 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>