Common use of Amendments to Equity Definitions Clause in Contracts

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (i) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 8 contracts

Samples: Additional Call Option Transaction (Imax Corp), Call Option Transaction (Imax Corp), Base Call Option Transaction (Imax Corp)

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Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y10(z), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer Counterparty or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 7 contracts

Samples: Additional Call Option Transaction (Brookdale Senior Living Inc.), Base Call Option Transaction (Brookdale Senior Living Inc.), Call Option Transaction (Middleby Corp)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. (iv) Section 12.9(b)(vi) of the Equity Definitions is hereby amended by (1) adding the word “or” immediately before subsection “(B)”, (2) deleting the comma at the end of subsection (A), (3) deleting subsection (C) in its entirety, (4) deleting the word “or” immediately preceding subsection (C) and (5) replacing the words “either party” in the last sentence of such Section with “Dealer”.

Appears in 6 contracts

Samples: Call Option Transaction (Sphere Entertainment Co.), Call Option Transaction (Upstart Holdings, Inc.), Call Option Transaction (Zynga Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Underlying Shares Issuer or its securities that has a material economic effect on the Shares and/or the Underlying Shares or options on the Shares and/or the Underlying Shares; provided that such event is not based on (a) an observable market, other than the market for the Underlying Shares Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to the Underlying Shares Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days days” to within 30 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 6 contracts

Samples: Call Option Transaction (NIO Inc.), Call Option Transaction (NIO Inc.), Base Call Option Transaction (NIO Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations” and adding the phrase “or the Options” at the end of the sentence. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following deleting from the fourth line thereof the word “meansorin after the first line thereof word “official” and inserting a comma therefor, and (2) inserting immediately prior to deleting the semi-colon at the end of subsection (B) thereof and inserting the following words: words therefor “or (2C) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; Counterparty, provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 4 contracts

Samples: Call Option Transaction (Haemonetics Corp), Call Option Transaction (Haemonetics Corp), Base Call Option Transaction (Pegasystems Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y10(x), (1) Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations” and (2) Section 12.1(d) of the Equity Definitions is hereby amended by replacing “10%” with “20% in the third line thereof. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 4 contracts

Samples: Call Option Transaction (Liveperson Inc), Base Call Option Transaction (Liveperson Inc), Call Option Transaction

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 4 contracts

Samples: Call Option Transaction (BridgeBio Pharma, Inc.), Call Option Transaction (BridgeBio Pharma, Inc.), Base Call Option Transaction (Everbridge, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y10(x), (1) Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations” and (2) Section 12.1(d) of the Equity Definitions is hereby amended by replacing “10%” with “20%” in the third line thereof. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 4 contracts

Samples: Call Option Transaction (Liveperson Inc), Base Call Option Transaction (Liveperson Inc), Call Option Transaction (Liveperson Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 4 contracts

Samples: Call Option Transaction (Chegg, Inc), Base Call Option Transaction (Chegg, Inc), Call Option Transaction (Chegg, Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), a. Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Underlying Shares Issuer or its securities that has a material economic effect on the Shares and/or the Underlying Shares or options on the Shares and/or the Underlying Shares; provided that such event is not based on (a) an observable market, other than the market for the Underlying Shares Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to the Underlying Shares Issuer’s own operations.” (i) b. Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days days” to within 30 days.” (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, c. Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. d. Section 12.9(b)(vi) of the Equity Definitions is hereby amended by (1) adding the word “or” immediately before subsection “(B)”, (2) deleting the comma at the end of subsection (A), (3) deleting subsection (C) in its entirety, (4) deleting the word “or” immediately preceding subsection (C) and (5) replacing the words “either party” in the last sentence of such Section with “Dealer”.

Appears in 3 contracts

Samples: Call Option Transaction (NIO Inc.), Call Option Transaction (NIO Inc.), Call Option Transaction (NIO Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y10(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 3 contracts

Samples: Call Option Transaction (Alteryx, Inc.), Base Call Option Transaction (Alteryx, Inc.), Base Call Option Transaction (Alteryx, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting and restated as follows: “any other corporate event involving the words “Issuer that may have in the commercially reasonable judgment of the Calculation Agent has a diluting or concentrative material economic effect on the theoretical value of the relevant Shares” and replacing them with Shares or the words “Options; provided that is the result of a such corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for IssuerCounterparty’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCounterparty’s own operations.” . (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following deleting from the fourth line thereof the word “meansorin after the first line thereof word “official” and inserting a comma therefor, and (2) inserting immediately prior to deleting the semi-colon at the end of subsection (B) thereof and inserting the following words: words therefor “or (2C) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 2 contracts

Samples: Call Option Transaction (Snap Inc), Call Option Transaction (Snap Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. (iv) Section 11.2(e)(v) of the Equity Definitions is hereby amended by adding at the end thereof the phrase “; provided that the parties agree that open market Share repurchases at prevailing market price and Share repurchases through a dealer pursuant to accelerated share repurchases, forward contracts or similar transactions that are entered into at prevailing market prices (including, without limitation, any discount to average VWAP prices) and in accordance with customary market terms for transactions of such type to repurchase the Shares shall not be considered Potential Adjustment Events, to the extent that the aggregate number of Shares repurchased during the term of the Transaction pursuant to all such transactions described in this proviso does not exceed the greater of 20% of the number of Shares outstanding (x) as of the Trade Date and (y) as set forth in Counterparty’s most recent quarterly report on Form 10-Q, in each case, as determined by Calculation Agent; provided further that the aggregate number of Shares repurchased during any 12 month period during the term of the Transaction pursuant to all such transactions described in the immediately preceding proviso does not exceed 10% of the number of Shares outstanding immediately prior to the date of such repurchase, as determined by Calculation Agent.”

Appears in 2 contracts

Samples: Call Option Transaction (Chegg, Inc), Base Call Option Transaction (Chegg, Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 2 contracts

Samples: Call Option Transaction (Coupa Software Inc), Base Call Option Transaction (Coupa Software Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(z), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 2 contracts

Samples: Call Option Transaction (Super Micro Computer, Inc.), Call Option Transaction (Q2 Holdings, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (i) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. (iii) Section 11.2(e)(v) of the Equity Definitions is hereby amended by adding at the end thereof the phrase “; provided that the parties agree that open market Share repurchases at prevailing market price and Share repurchases through a dealer pursuant to accelerated share repurchases, forward contracts or similar transactions that are entered into at prevailing market prices (including, without limitation, any discount to average VWAP prices) and in accordance with customary market terms for transactions of such type to repurchase the Shares shall not be considered Potential Adjustment Events, so long as after giving effect to such transactions, (i) the aggregate number of Shares repurchased during the term of the Transaction pursuant to all such transactions would not exceed 20% of the number of Shares outstanding as of the Trade Date, and (ii) the aggregate number of Shares repurchased during any twelve-month period during the term of the Transaction pursuant to all such transactions would not exceed 12% of the number of Shares outstanding as of the Trade Date, each as determined by the Calculation Agent and as adjusted by the Calculation Agent to account for any subdivision or combination with respect to the Shares.

Appears in 2 contracts

Samples: Call Option Transaction (Peloton Interactive, Inc.), Base Call Option Transaction (Peloton Interactive, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), i. Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting and restated as follows: “any other corporate event involving the words “Issuer that may have in the commercially reasonable judgment of the Calculation Agent has a diluting or concentrative material economic effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such corporate event involving the Issuer is not based on (a) an observable market, other than the market for IssuerCounterparty’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCounterparty’s own operations.” (i) ii. Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, iii. Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 2 contracts

Samples: Call Option Transaction (GoPro, Inc.), Base Call Option Transaction (GoPro, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), (1) Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations” and (2) Section 12.1(d) of the Equity Definitions is hereby amended by replacing “10%” with “20% in the third line thereof. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 2 contracts

Samples: Call Option Transaction (Aerie Pharmaceuticals Inc), Base Call Option Transaction (Aerie Pharmaceuticals Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.”; (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” ) immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.; (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” elect or, if Counterparty represents to Dealer in writing at the time of such election that (i) it is not aware of any material nonpublic information with respect to Counterparty or the Shares and (2ii) replacing “notice it is not making such election as part of a plan or scheme to evade compliance with the other party” with “notice to Counterparty” in the first sentence of such sectionU.S. federal securities laws, Counterparty may elect”. (iv) [Reserved].

Appears in 2 contracts

Samples: Call Option Transaction (Apellis Pharmaceuticals, Inc.), Base Call Option Transaction (Apellis Pharmaceuticals, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 2 contracts

Samples: Call Option Transaction (Boingo Wireless Inc), Base Call Option Transaction (Boingo Wireless Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. . (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.. (k)

Appears in 1 contract

Samples: Base Call Option Transaction (Vonage Holdings Corp)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Everbridge, Inc.)

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Amendments to Equity Definitions. (i) i. Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words 18 Include for Additional Call Option Confirmation. 19 Include for Additional Call Option Confirmation. “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (i) ii. Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, iii. Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Groupon, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has has, in the commercially reasonable judgment of the Calculation Agent, a material economic effect on the Shares or options on the SharesOptions; provided that such corporate event involving the Issuer is not based on (a) an observable market, other than the market for IssuerCounterparty’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCounterparty’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Merit Medical Systems Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” elect or, if Counterparty represents to Dealer in writing at the time of such election that (i) it is not aware of any material nonpublic information with respect to Counterparty or the Shares and (2ii) replacing it is not making such election as part of a plan or scheme to evade compliance with the U.S. federal securities laws, Counterparty may elect.” (iv) Section 12.9(b)(vi) of the Equity Definitions is hereby amended by adding the phrase notice , provided that in connection with any election by the Non-Hedging Party to terminate the other party” with “notice Transaction, it acknowledges to Counterparty” in Dealer, as of the first sentence date of such sectionelection, its responsibilities under applicable securities laws, and in particular Section 9 and Section 10(b) of the Exchange Act and the rules and regulations thereunder” at the end of subsection (C).

Appears in 1 contract

Samples: Base Capped Call Option Transaction (Innoviva, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words 18 Insert for Additional Call Option Confirmation. 19 Insert for Additional Call Option Confirmation. “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for the Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Benefitfocus,Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9‎(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Health Catalyst, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.(i) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “ (1)” ) immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.”inserting (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. (k) Setoff. Neither party shall have the right to set off any obligation that it may have to the other party under the Transaction against any obligation such other party may have to it, whether arising under the Agreement, this Confirmation or any other agreement between the parties hereto, by operation of law or otherwise and each party hereby waives any such right to setoff.

Appears in 1 contract

Samples: Base Call Option Transaction (Progress Software Corp /Ma)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations.” 20 Insert for Additional Call Option Confirmation. 21 Insert for Additional Call Option Confirmation. 26 (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 60 days.” (ii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Turning Point Brands, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting and restated as follows: “any other corporate event involving the words “Issuer that may have in the commercially reasonable judgment of the Calculation Agent has a diluting or concentrative material economic effect on the theoretical value of the relevant Shares” and replacing them with Shares or the words “Options; provided that is the result of a such corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for IssuerCounterparty’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCounterparty’s own operations.” . (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following deleting from the fourth line thereof the word “meansorin after the first line thereof word “official” and inserting a comma therefor, and (2) inserting immediately prior to deleting the semi-colon at the end of subsection (B) thereof and inserting the following words: words therefor “or (2C) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that .” 9Include only in the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.”Additional Call Option Confirmation (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Applied Digital Corp.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; Options; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following deleting from the fourth line thereof the word “meansorin after the first line thereof word “official” and inserting a comma therefor, and (2) inserting immediately prior to deleting the semi-colon at the end of subsection (B) thereof and inserting the following words: words therefor “or (2C) the occurrence of any of the events specified in Section 5(a)(vii)(15(a)(vii) (1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. (iv) Section 12.9(b)(vi) of the Equity Definitions is hereby amended by (1) adding the word “or” immediately before subsection “(B)”, (2) deleting the comma at the end of subsection (A), (3) deleting subsection (C) in its entirety, (4) deleting the word “or” immediately preceding subsection (C) and (5) replacing the words “either party” in the last sentence of such Section with “Dealer”.

Appears in 1 contract

Samples: Call Option Transaction (Pacira BioSciences, Inc.)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y9(x), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words and restated as follows: that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a any other corporate event involving the Issuer or its securities that in the commercially reasonable judgment of the Calculation Agent has a material economic effect on the theoretical value of the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section. (iv) [Reserved.] (v) Solely in respect of adjustments to the Cap Price pursuant to Section 9(x), for the purpose of any adjustment in respect of a Potential Adjustment Event, prior to making any such adjustment the Calculation Agent will determine whether such Potential Adjustment Event has, in the commercially reasonable judgment of the Calculation Agent, a material economic effect on the theoretical value of the relevant Shares or the Transaction; provided that such event is not based on (i) an observable market, other than the market for Counterparty’s own stock or (ii) an observable index, other than an index calculated measured solely by reference to Counterparty’s own operations, and, provided further that, solely in the case of Sections 11.2(e)(i), (ii)(A) and (iv), of the Equity Definitions no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares but, for the avoidance of doubt, solely in the case of Sections 11.2(e)(ii)(B) through (D), (iii), (v), (vi) and (vii) of the Equity Definitions adjustments may be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares.

Appears in 1 contract

Samples: Call Option Transaction (Granite Construction Inc)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; Shares; provided that such event is not based on (a) an observable market, other than the market for Issuerthe Company’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to IssuerCompany’s own operations. (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days. . (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Base Call Option Transaction (Vonage Holdings Corp)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Shares” and replacing them with the words “that is the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; provided that such event is not based on (a) an observable market, other than the market for Issuer’s own stock or (b) an observable index, other than an index calculated and measured solely by reference to Issuer’s own operations.” (iii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following the word “means” in the first line thereof and (2) inserting immediately prior to the semi-colon at the end of subsection (B) thereof the following words: “or (2) the occurrence of any of the events specified in Section 5(a)(vii)(1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (iiiii) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Progress Software Corp /Ma)

Amendments to Equity Definitions. (i) Solely in respect of adjustments to the Cap Price pursuant to Section 10(y), Section 11.2(e)(vii11.2(a) of the Equity Definitions is hereby amended by deleting the words “that may have a diluting or concentrative effect on the theoretical value of the relevant Sharesconcentrative” and replacing them with the word “material”. (ii) Section 11.2(c) of the Equity Definitions is hereby amended by (x) replacing the words “that is a diluting or concentrative” with “an” and (y) deleting the result of a corporate event involving the Issuer or its securities that has a material economic effect on the Shares or options on the Shares; phrase “(provided that such event is not based on no adjustments will be made to account solely for changes in volatility, expected dividends, stock loan rate or liquidity relative to the relevant Shares)” and replacing it with the phrase “(a) an observable marketand, other than for the market avoidance of doubt, adjustments may be made to account solely for Issuer’s own changes in volatility, expected dividends, stock loan rate or (b) an observable index, other than an index calculated and measured solely by reference liquidity relative to Issuer’s own operationsthe relevant Shares).” (iiii) Section 12.6(a)(ii) of the Equity Definitions is hereby amended by (1) inserting “(1)” immediately following deleting from the fourth line thereof the word “meansorin after the first line thereof word “official” and inserting a comma therefor, and (2) inserting immediately prior to deleting the semi-colon at the end of subsection (B) thereof and inserting the following words: words therefor “or (2C) at Deutsche’s option, the occurrence of any of the events specified in Section 5(a)(vii)(15(a)(vii) (1) through (9) of the ISDA Master Agreement with respect to that Issuer; provided that the period for dismissal, discharge, stay or restraint therein shall be increased from within 15 days to within 30 days.” (iiiv) Without derogating from the provisions of Section 5(b)(i) of the Agreement, Section 12.9(b)(i) of the Equity Definitions is hereby amended by (1) replacing “either party may elect” with “Dealer Deutsche may elect” and (2) replacing “notice to the other party” with “notice to Counterparty” in the first sentence of such section.

Appears in 1 contract

Samples: Call Option Transaction (Macerich Co)

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