Common use of Corporate Event Clause in Contracts

Corporate Event. Each of the following shall be a Corporate Event: 15.11.1 payment of a dividend; 15.11.2 payment of a coupon; 15.11.3 payment of a redemption amount; 15.11.4 an exchange of a security for a security, of a security for cash, of a security for any other securities or assets, or of a security for any combination of these; and 15.11.5 any other analogous or similar event,