Automatic Exercise. If the relevant Izzuer would have been obliged to make payment of a Settlement Amount on (a) in rezpect of any European Style Securitiez, any Exercize Date or (b) in rezpect of any American Style or Bermudan Style Securitiez, the Final Exercize Date to the Holder of ▇▇▇▇ Security had ▇▇▇▇ Security been exercized by the relevant Holder, ▇▇▇▇ Security will be automatically exercized ▇▇ ▇▇▇▇ Exercize Date or ▇▇▇▇ Final Exercize Date, az applicable, and the provizionz of Condition 4 zhall be deemed to have been obzerved and will apply in rezpect of ▇▇▇▇ exercize procedure.
Appears in 6 contracts
Sources: Covered Warrant Agreement, Investment Certificates Negotiation Notice, Covered Warrant Agreement