Underlying Equity Securities definition
Examples of Underlying Equity Securities in a sentence
Parent understands that the Warrant will not be registered but that the Underlying Equity Securities will be registered under the Securities Act of 1933 (the “1933 Act”) to the extent required by Section 10 of this Agreement.
By executing this Agreement, Parent further represents that it does not have any contract, undertaking, agreement, or arrangement with any person to sell, transfer or grant participations to such person, or to any third person, with respect to the Warrant or any Underlying Equity Securities.
The initial Multipliers for the Underlying Equity Securities are set forth below: ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇ 0.0944 MedImmune, Inc.
The Calculation Agent shall determine (a) the Maturity Payment Amount on the Calculation Date, (b) the Redemption Payment Amount on the Redemption Date, (c) the Closing Level of the Basket, (d) the Starting Multipliers and Ending Multipliers for each of the Underlying Equity Securities in the Basket, (e) any required adjustments to the Multipliers of the Underlying Equity Securities in the Basket and (f) whether a Market Disruption Event has occurred.
The Underlying Basket represents an initially equally-weighted portfolio of the Underlying Equity Securities, as adjusted by certain extraordinary corporate events involving the issuers of the Underlying Equity Securities as described herein.