Underlying Transaction definition

Underlying Transaction means, in the case of an Option Transaction, the underlying Physically Settled Futures Transaction or Financially Settled Futures Transaction as the case may be, identified in association with such Option Transaction as set forth in Schedule “E”, and which transaction becomes effective if the relevant Option Exercise Conditions have been met such that the Option Party becomes either the Buyer or the Seller (with respect to underlying Physically Settled Futures Transactions) or a Floating Price Payer or Fixed Price Payer (with respect to underlying Financially Settled Futures Transactions in financial power in respect of such transaction, as the case may be, depending on whether such Option Transaction relates to a Call Option or a Put Option, and further to the particulars of such Option Transaction as set forth in Schedule “E”;

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Underlying Transaction means in respect of a Swaption, a transaction, the terms of which are identified in the Confirmation, which Underlying Transaction will not become effective unless the right to cause that Underlying Transaction to become effective has been timely exercised or deemed exercised.

Underlying Transaction means a Transaction, the terms of which are identified in the Confirmation of the Swaption, which Underlying Transaction will not become effective unless

Examples of Underlying Transaction in a sentence

• Promptly after the receipt thereof, the Borrower shall provide to the Deal Agent copies of all reports and notices received by or provided by any of the AmeriCredit Parties in connection with the Underlying Transaction Documents.

• The Borrower confirms that the Deal Agent on behalf of the Secured Parties shall have the sole right to enforce the Borrower’s rights and remedies under the Underlying Transaction Document for the benefit of the Secured Parties.

• If the Effective Date of the guarantee as specified in the Request for Issuing Letter of Guarantee is prior to the date the Bank issues the Letter of Guarantee, constituting a retrospective guarantee, the Customer agrees to certify that on the date of submitting the Request for Issuing Letter of Guarantee to the Bank, the Customer is not a defaulting party to any agreement and is not in breach of any conditions under the Underlying Agreement/ Underlying Transaction against the Beneficiary.

• The Borrowers will comply, and cause AFS Funding Trust to comply, fully with the Underlying Transaction Documents to which each of them is a party so as to maintain each of the Borrower's identity and AFS Funding Trust's identity as a separate legal entity from its Affiliates and to make it manifest to third parties that each of the Borrowers and AFS Funding Trust is an entity with assets and liabilities distinct from its Affiliates.

• Such sale by the Passive Partners, however, shall not occur earlier than ten (10) days after delivery of the Purchaser Notice and only simultaneously with and subject to the Underlying Transaction.

More Definitions of Underlying Transaction

Underlying Transaction means any transaction, contract or agreement to which the Customer is a party and on which a Transaction is based;

Underlying Transaction means the proposed sale and purchase of equity shares under the Purchase and Transfer Agreement and Sale and Purchase Agreement (as explained in paragraphs 2.1 and 2.2 of this Public Announcement)

Underlying Transaction shall have the meaning set forth in Section 10.02(a).

Underlying Transaction means the transaction in terms of the SPA, pursuant to which the Acquirer shall acquire 73,66,032 Equity Shares of the Target Company, representing 69.36% of the total paid-up equity share capital at a price of INR 94.51 (Indian Rupees Ninety Four and Fifty One Paise only) per Equity Share, from the Seller, in accordance with the terms of the SPA;

Underlying Transaction means, in the case of an Option Transaction, the underlying Physically Settled Futures Transaction or Financially Settled Futures Transaction as the case may be, identified in association with such Option Transaction as set forth in Schedule “E”, and which transaction becomes effective if the relevant Option Exercise Conditions have been met such that the Option Party becomes either the Buyer or the

Underlying Transaction means the acquisition of Equity Shares of the Target Company pursuant to the Purchase and Transfer Agreement and Sale and Purchase Agreement (as explained in paragraph 2 of part II – (Background to the Offer) of this Detailed Public Statement)

Underlying Transaction means, in the singular, any one of, and, in the plural, all of the Original Underlying Transactions and any other transaction subject to the Lien of Section 10.1.