© 2012 derivativeslawyer.com

Alternative Obligation


If Alternative Obligation applies in relation to a Merger Event, then the transaction is adjusted by substituting the New Shares and “Other Consideration (if applicable) and the issuer as the Shares and Issuer (1.16) and the Calculation Agent will make other necessary adjustment (except solely in relation to volatility, expected dividends, stock loan rate or liquidity).

Annual Subscription is required to continue reading this article. If you are already registered as a subscriber, please log in. If you are a new user or a free registered member, please subscribe using the register. link here. An annual subscription will give you a full year access to the Equity Derivatives Guide and all derivativeslawyer.com current and archive articles and materials (including updates but excluding certain special titles). Please contact us if you have any question.
Login ID:
Forgot Password ?
home  ::  derivatives resources  ::  links  ::  site map  ::  career  :: Contact Us

© 2012 derivativeslawyer.com  :: Terms & Conditions  :: Privacy & Security