Alternative Dilution and Reorganization Adjustments. The calculation agent may elect at its discretion to not make any of the adjustments to the Starting Value or to the method of determining the amount payable on each Note described above under “Starting Value Adjustments; Market Disruption Events” and “Reorganization Events”, but may instead make adjustments in its discretion to the Starting Value or the method of determining the amount payable on each Note that will reflect the adjustments to the extent practicable made by the Options Clearing Corporation on options contracts on the Common Stock or any successor common stock. The Company will provide notice of any such election to the trustee not more than two Business Days following the date that the Options Clearing Corporation publishes notice of its adjustments relating to the Common Stock and will detail in such notice the actual adjustment made to the Starting Value or to the method of determining the amount payable on each Note.
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Samples: Global Security Note (Merrill Lynch & Co Inc), Global Security Note (Merrill Lynch & Co Inc)
Alternative Dilution and Reorganization Adjustments. The calculation agent Calculation Agent may elect at its discretion to not make any of the adjustments to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note described above under “Starting Value Exchange Ratio Adjustments; Market Disruption Events” and “Reorganization Events”, but may instead make adjustments in its discretion to the Starting Value Exchange Ratio or the method of determining the amount payable on each Note that will reflect the adjustments to the extent practicable made by the Options Clearing Corporation on options option contracts on the Common Stock Coca-Cola common stock or any successor common stock. The Company will provide notice of any such election to the trustee Trustee not more than two Business Days following the date that the Options Clearing Corporation publishes notice of its adjustments relating to the Common Stock Coca-Cola common stock and will detail in such notice the actual adjustment made to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note.
Appears in 2 contracts
Samples: Global Security Note (Merrill Lynch & Co Inc), Global Security Note (Merrill Lynch & Co Inc)
Alternative Dilution and Reorganization Adjustments. The calculation agent Calculation Agent may elect at its discretion to not make any of the adjustments to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note described above under “Starting Value Exchange Ratio Adjustments; Market Disruption Events” and “Reorganization Events”, but may instead make adjustments in its discretion to the Starting Value Exchange Ratio or the method of determining the amount payable on each Note that will reflect the adjustments to the extent practicable made by the Options Clearing Corporation on options option contracts on the Common Stock Deliverable Shares or any successor common stock. The Company will provide notice of any such election to the trustee Trustee not more than two Business Days following the date that the Options Clearing Corporation publishes notice of its adjustments relating to the Common Stock Deliverable Shares and will detail in such notice the actual adjustment made to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note.
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Alternative Dilution and Reorganization Adjustments. The calculation agent Calculation Agent may elect at its discretion to not make any of the adjustments to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note described above under “Starting Value Adjustments; Market Disruption EventsExchange Ratio adjustments” and “Reorganization Events”, but may instead make adjustments in its discretion to the Starting Value Exchange Ratio or the method of determining the amount payable on each Note that will reflect the adjustments to the extent practicable made by the Options Clearing Corporation on options option contracts on the Common Stock Exxon common stock or any successor common stock. The Company will provide notice of any such election to the trustee Trustee not more than two Business Days following the date that the Options Clearing Corporation publishes notice of its adjustments relating to the Common Stock Exxon common stock and will detail in such notice the actual adjustment made to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note.
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Alternative Dilution and Reorganization Adjustments. The calculation agent Calculation Agent may elect at its discretion to not make any of the adjustments to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note described above under “Starting Value Exchange Ratio Adjustments; Market Disruption Events” and “Reorganization Events”, but may instead make adjustments in its discretion to the Starting Value Exchange Ratio or the method of determining the amount payable on each Note that will reflect the adjustments to the extent practicable made by the Options Clearing Corporation on options option contracts on the Common Stock Exxon common stock or any successor common stock. The Company will provide notice of any such election to the trustee Trustee not more than two Business Days following the date that the Options Clearing Corporation publishes notice of its adjustments relating to the Common Stock Exxon common stock and will detail in such notice the actual adjustment made to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note.
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Alternative Dilution and Reorganization Adjustments. The calculation agent Calculation Agent may elect at its discretion to not make any of the adjustments to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note described above under “Starting Value Exchange Ratio Adjustments; Market Disruption Events” and “Reorganization Events”, but may instead make adjustments in its discretion to the Starting Value Exchange Ratio or the method of determining the amount payable on each Note that will shall reflect the adjustments to the extent practicable made by the Options Clearing Corporation on options option contracts on the Common Stock Deliverable Shares or any successor common stock. The Company will shall provide notice of any such election to the trustee Trustee not more than two Business Days following the date that the Options Clearing Corporation publishes notice of its adjustments relating to the Common Stock Deliverable Shares and will shall detail in such notice the actual adjustment made to the Starting Value Exchange Ratio or to the method of determining the amount payable on each Note.
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