Underlying Transaction definition

Underlying Transaction means, in the case of an Option Transaction, the underlying Physically Settled Futures Transaction or Financially Settled Futures Transaction as the case may be, identified in association with such Option Transaction as set forth in Schedule “E”, and which transaction becomes effective if the relevant Option Exercise Conditions have been met such that the Option Party becomes either the Buyer or the Seller (with respect to underlying Physically Settled Futures Transactions) or a Floating Price Payer or Fixed Price Payer (with respect to underlying Financially Settled Futures Transactions in financial power in respect of such transaction, as the case may be, depending on whether such Option Transaction relates to a Call Option or a Put Option, and further to the particulars of such Option Transaction as set forth in Schedule “E”;

Underlying Transaction means in respect of a Swaption, a transaction, the terms of which are identified in the Confirmation, which Underlying Transaction will not become effective unless the right to cause that Underlying Transaction to become effective has been timely exercised or deemed exercised.

Underlying Transaction means a Transaction, the terms of which are identified in the Confirmation of the Swaption, which Underlying Transaction will not become effective unless

Examples of Underlying Transaction in a sentence

• Pursuant to consummation of the Underlying Transaction and the Offer, the Acquirer shall acquire control over the Target Company.

• The Underlying Transaction (which triggered the Offer) is a Foreign Direct Investment under the terms of the Foreign Exchange Management (Non-Debt Instruments) Rules, 2019.

• The Transformation of the Underlying Transaction should be carried out, in accordance with the Buyer Protection instruction, on the Market Deadline/ Record Date of the concerned Elective Corporate Action.

• The Replacement Transaction should neither settle before the Payment Date nor before the Intended Settlement Date of the Underlying Transaction.

• If it is created after the Payment Date, it should be on the earliest settlement date.6. The settlement of the Market Claim should be independent from the settlement of the Underlying Transaction to which the Market Claim relates.

More Definitions of Underlying Transaction

Underlying Transaction shall have the meaning set forth in Section 10.02(a).

Underlying Transaction means, in the case of an Option Transaction, the underlying Physically Settled Futures Transaction or Financially Settled Futures Transaction as the case may be, identified in association with such Option Transaction as set forth in Schedule “E”, and which transaction becomes effective if the relevant Option Exercise Conditions have been met such that the Option Party becomes either the Buyer or the

Underlying Transaction means the transaction in terms of the SPA, pursuant to which the Acquirer shall acquire 73,66,032 Equity Shares of the Target Company, representing 69.36% of the total paid-up equity share capital at a price of INR 94.51 (Indian Rupees Ninety Four and Fifty One Paise only) per Equity Share, from the Seller, in accordance with the terms of the SPA;

Underlying Transaction means any transaction, contract or agreement to which the Customer is a party and on which a FX Transaction is based; and

Underlying Transaction. An Affiliate Transfer or Underlying Loan, as applicable.

Underlying Transaction means, in the singular, any one of, and, in the plural, all of the Original Underlying Transactions, the 1999-1 Transaction and any other transaction subject to the Lien of Section 10.1.

Underlying Transaction means the transaction in terms of which-