Login or register (free and only takes a few minutes) to participate in this question.
You will also have access to many other tools and opportunities designed for those who have language-related jobs (or are passionate about them). Participation is free and the site has a strict confidentiality policy.
05:54 Apr 2, 2007
English to Spanish translations [PRO] Bus/Financial - Investment / Securities
English term or phrase:as would result
If following the Put Option Exercise Date, the Determination Agent determines, in the case of any Fund, that the Global Number of Units relating to that Fund is equal to or greater than the Threshold Amount, the
Determination Agent shall give notice thereof to the Issuer who shall be entitled (but not obliged) to adjust the composition of the Global Basket by reducing, on the Rebalancing Effective Date, the Global Number of Units
relating to that Fund by such number of units ("Reduced Units") ***as would result in the Global Number of Units relating to that Fund being *** less than or equal to, forty five per cent. (45%) of the issued and outstanding units in that Fund on the date on which the Issuer decided to exercise its rights under this Condition 3(b).