Examples of Comparable Company in a sentence
For greater certainty, the Replacement Reference Asset chosen by the Calculation Agent may be any share of a Comparable Company, and may be a company that was the continuing entity in respect of a Merger Event.
The Calculation Agent may elect not to choose a Replacement Reference Asset as a substitute for an Excluded Reference Asset if the Calculation Agent determines that there are no appropriate shares of a Comparable Company which offer sufficient liquidity in order for the Fédération to place, maintain or modify hedges in respect of such shares; in that event, see “Extraordinary Non-Replacement Event” below.