contingent issue

Contingent Issue

An issue of a security that occurs automatically, but only when certain conditions are met. A contingent issue may be an anti-takeover measure. For example, a publicly-traded company may plan for a contingent issue in the event of a hostile takeover to make the takeover more expensive for the acquiring company. See also: Poison pill.

contingent issue

An issue of securities that is to be distributed only when a specified event has occurred or when a given standard has been met. For example, the poison pill defense against hostile takeovers involves issuance of additional securities in the event that the raider acquires a certain percentage of the takeover target's outstanding stock.
References in periodicals archive ?
Asked if a Whyte buy-out was the only realistic alternative, Johnston said: "There are other mechanisms that we would like to pursue but at this point in time, the huge contingent issue of what HMRC has done is actually the gorilla in the room in terms of us expediting this.
First, it is prescriptive, proffering a sort of DNA/hieroglyph, which purports to have already solved all contingent issues.
He said the church cannot diminish its pastoral efforts, nor should it reduce them to a "temporal and worldly dimension" or limit them to important contingent issues like agrarian reform.
Although discussions are ongoing and a number of contingent issues need to be completed, the Company has received favorable indications from various landlords that the permanent lease reductions will be approximately $1.