Initial Exchange Amount. On the Effective Date, Party B will pay to Party A an amount equal to and in the same currency as the net subscription proceeds of the Securities received by Party B as Issuer of the Securities Method of Adjustment: Modified Options Exchange Adjustment. Modified Options Exchange Adjustment means (i) if there are futures or options contracts relating to the Share and have commenced trading at the time of making the relevant determination, Options Exchange Adjustment applies (ii) otherwise, Calculation Agent Adjustment. Merger Event: Consequences of Merger Events:
Appears in 1 contract
Samples: Trust Instrument
Initial Exchange Amount. On the Effective Date, Party B will pay to Party A an amount equal to and in the same currency as the net subscription proceeds of the Securities received by Party B as Issuer of the Securities Securities. Method of Adjustment: Modified Options Exchange Adjustment. Modified Options Exchange Adjustment means (i) if there are futures or options contracts relating to the Share and have commenced trading at the time of making the relevant determination, Options Exchange Adjustment applies (ii) otherwise, Calculation Agent Adjustment. Merger Event: Consequences of Merger Events:
Appears in 1 contract
Samples: Trust Instrument