DERIVATIVE WARRANTS. 5.1(b).1 Derivative warrants are issued by financial institutions. Unlike subscription warrants which must be call warrants, derivative warrants can be call or put warrants. Most of the derivative warrants in the market have a shorter life, ranging from 6 months to 2 years normally, although the current Listing Rules allow a maximum life of 5 years.
Appears in 8 contracts
Samples: Securities Account Agreement, Securities Account Agreement, Securities Account Agreement
