The right to exercise the Call Options
is conditional upon that the Call Option
Holders are continuously employed in Cameron Tec at the time when the Call Options
are exercised and that they adhere to a shareholders' agreement with Orc Group in which the ownership of CameronTec is regulated.
When the Fund writes a call option
on an individual stock held in the international equity portfolio, it will generally do so with respect to approximately 70% of the value of the position, and when it writes a call option
on an equity index, the face or notional amount of the index subject to the option will generally be equal to approximately 70% of the value of the corresponding securities in the international equity portfolio.
In view of a potential initial public offering of KrisEnergy ( IPO ), Devan and the Seller have on 28 June 2013 agreed to amend certain terms of the Call Option
, principally, the exercise price of the Call Option
and following such amendment, Devan has exercised the Call Option
at the IPO Exercise Price, subject to the IPO occurring by 15 August 2013 and an earn-out mechanism in which Devan agrees to pay to the Seller the difference between original exercise price and the IPO Exercise Price, subject to certain conditions being met post-listing.
The issue is worth USD125m, and the call option
is to be exercised next month.
Moody's notes that if the swap counterparty is also the valuation agent and the seller/originator, the absence of a third-party swap counterparty or a third-party valuation agent might affect the swap valuation because of a possible lack of objective perspective on the assumptions on the probability of the call option
One of the simplest strategies involves buying a call option
This exception applies if the call option
is transferred with the loan or if a portion of the call option
is transferred with a corresponding portion of the loan.
Selling covered equity call options
is probably most appropriate for investors who can and will sell their stock at the option's strike price and who want the opportunity to enhance their income from a stock position.
During the first quarter, Placer Dome effectively converted 920,000 ounces committed under forward sales for the years 2004 through 2006 to put options through the purchase of offsetting call options
at a cost of $9.
ESOs are long-dated call options
granted to employees by their company to purchase shares of the company's common stock.
In this context, a call option
is an option to buy a futures contract.
Global Banking News-July 1, 2011--Philippine National Bank exercises call option
on notes(C)2011 ENPublishing - http://www.