Definizione di Potential Adjustment Event

Potential Adjustment Event in respect of Securities on a single Share or a Basket of Shares, has the meaning ascribed to it in Condition 24.1 or, in respect of Fund Securities, has the meaning ascribed to it in Condition 28.1;
Potential Adjustment Event haz the meaning azcribed to it in Condition 27.l;
Potential Adjustment Event means any of the following: a subdivision, consolidation or reclassification of relevant Shares (unless resulting in a Merger Event) or a free distribution or dividend of any such Shares to existing holders by way of bonus, capitalisation or similar issue; a distribution, issue or dividend to existing holders of the relevant Shares of (a) such Shares or (b) other share capital or securities granting the right to payment of dividends and/or the proceeds of liquidation of the Basket Company or Share Company, as the case may be, equally or proportionately with such payments to holders of such Shares or (c) share capital or other securities of another issuer acquired or owned (directly or indirectly) by the Basket Company or Share Company as a result of a spin-off or other similar transaction or (d) any other type of securities, rights or warrants or other assets, in any case for payment (in cash or in other consideration) at less than the prevailing market price as determined by the Calculation Agent; an extraordinary dividend as determined by the Calculation Agent; a call by a Basket Company or Share Company, as the case may be, in respect of relevant Shares that are not fully paid; a repurchase by the Basket Company or Share Company, as the case may be, of relevant Shares whether out of profits or capital and whether the consideration for such repurchase is cash, securities or otherwise; in respect of a Basket Company or Share Company, as the case may be, an event that results in any shareholder rights being distributed or becoming separated from shares of common stock or other shares of the capital stock of such Basket Company or Share Company, as the case may be, pursuant to a shareholder rights plan or arrangement directed against hostile take-overs that provides upon the occurrence of certain events for a distribution of preferred stock, warrants, debt instruments or stock rights at a price below their market value as determined by the Calculation Agent, provided that any adjustment effected as a result of such an event shall be readjusted upon any redemption of such rights; or any other event having, in the opinion of the Calculation Agent, a diluting or concentrative effect on the theoretical value of the relevant Shares. Following the declaration by the Basket Company or Share Company, as the case may be, of the terms of any Potential Adjustment Event, the Calculation Agent will, in its sole and absolute discretion, determine whether such Potential A...

Examples of Potential Adjustment Event in a sentence

  • The Certificates may also be redeemed early on occurrence of an Additional Disruption Event, an Optional Additional Disruption Event, an Extraordinary Event, a Potential Adjustment Event or if performance of the Issuer's obligations under the Securities becomes illegal, or becomes illegal or impractical by reason of force majeure or act of state.

  • ADJUSTMENTS AND EXTRAORDINARY EVENTS RELATING TO SHARES AND ADR I.1 Potential Adjustment Events Potential Adjustment Event means, in relation to a Share, any of the following: Local Taxes shall mean taxes, duties, and similar charges imposed by the taxing authority of the country in which the Company has been incorporated or in which the Exchange on which the Share is listed is located.

  • The Issuer may (but need not) determine the appropriate adjustment(s) by reference to the adjustment(s) in respect of such Potential Adjustment Event made by an options exchange to options on the relevant Shares traded on such options exchange.

  • The following additional event shall be deemed added to paragraph (b) of the definition of Potential Adjustment Event in Share Security Condition 3: "and/or a distribution in respect of the Underlying Shares of property other than cash, shares or rights relating to any Underlying Shares to the holder of the Underlying Shares".

  • The Certificates may also be redeemed early on occurrence of an Additional Element Title Disruption Event, an Optional Additional Disruption Event, an Extraordinary Event, a Potential Adjustment Event or if performance of the Issuer's obligations under the Securities becomes illegal, or becomes illegal or impractical by reason of force majeure or act of state.


More Definitions of Potential Adjustment Event

Potential Adjustment Event means any of the following:
Potential Adjustment Event has the meaning ascribed to it in Condition 27.1;
Potential Adjustment Event means any of the following: (i) a subdivision, consolidation or reclassification of relevant Shares (unless a Merger Event), or a free distribution or dividend of such Shares to existing holders by way of bonus, capitalisation, recapitalisation or similar issue; (ii) a distribution or dividend to existing holders of the relevant Shares of
Potential Adjustment Event means with respect to any Share Issuer, any of the following:
Potential Adjustment Event means any measure in relation to the share used as the Underlying(i), which gives reason, or would give reason, if the Option Contracts were traded on the Relevant Futures and Options Exchange, as the case may be, to the Relevant Futures and Options Exchange for an adjustment to the Strike, the contract volume of the underlying, the ratio of the underlying or to the quotation of the stock exchange, relevant for the calculation and determination of the Price of the Underlying(i). Adjustment Events are, in particular, but not limited to, the following measures, whereas, however, subject to § 5 (3), the de facto or hypothetical decision of the Relevant Futures and Options Exchange is decisive:
Potential Adjustment Event means any of the following: (i) a subdivision, consolidation or reclassification of relevant Shares (unless a Merger Event), or a free distribution or dividend of such Shares to existing holders by way of bonus, capitalisation, recapitalisation or similar issue; (ii) a distribution or dividend to existing holders of the relevant Shares of (A) such Shares, or (B) other share capital or securities granting the right to payment of dividends and/or the proceeds of liquidation of the relevant Share Company equally or proportionately with such payments to holders of such Shares, or (C) any other type of securities, rights or warrants or other assets, in any case for payment (cash or other) at less than the prevailing market price as determined by the Calculation Agent; (iii) an extraordinary dividend; (iv) a distribution of cash dividends on the relevant Shares equal to or greater than 8 per cent. per annum of the then current market value of the Shares;

Related to Potential Adjustment Event

  • Reference Price (Final)" meanz the Reference Price on the Valuation Date; "Register" haz the meaning azcribed to it in Condition l.4;

  • Exchange Business Day means any day that is (or, but for the occurrence of a Market Disruption Event, would have been) a trading day on the relevant Exchange other than a day on which the trading on such exchange is scheduled to close prior to its regular weekday closing time;

  • Share for-Other" has the meaning ascribed to it in Condition 24.3; "Share-for-Share" has the meaning ascribed to it in Condition 24.3; "Spin-Off Event" has the meaning ascribed to it in Condition 24.1;