Deliverable Shares definition

Deliverable Shares has the meaning specified in the definition of Daily Settlement Amount.

Deliverable Shares means the Ordinary Shares (excluding for the avoidance of doubt any fraction of an Ordinary Share) not exceeding the relevant number of Reference Shares that the Issuer has elected to deliver to the relevant Noteholder upon exercise by that Noteholder of Conversion Rights.

Deliverable Shares means, in respect of an Exchangeable Bond, such number of Ordinary Shares (which shall not exceed the number of Redemption Shares) as is equal to the product (rounded down if necessary to the nearest whole multiple of an Ordinary Share) of (i) the Redemption Shares and(ii) the Relevant Percentage.

Examples of Deliverable Shares in a sentence

• If the effective date of any adjustment event described in this Section 12.04 occurs during an Observation Period for any Notes, the Company shall make proportional adjustments to the number of Deliverable Shares (in the same manner as the Conversion Rate) for each VWAP Trading Day during the portion of the Observation Period preceding the effective date of such adjustment event.

• The Maximum Deliverable Shares shall be delivered immediately to the Holder and shall carry piggyback registration rights.

• The Company or its designated transfer agent (the “Transfer Agent”) shall effect all deliveries of Deliverable Shares required to be delivered to a Holder by issuing and delivering such Deliverable Shares to the Depository Trust Company (“DTC”) account on such Holder’s behalf via the Deposit Withdrawal Agent Commission System (“DWAC”).

• Deliverable Shares delivered to a Holder shall not contain any restrictive legend as long as the resale of such Deliverable Shares (x) has been or will be made (as certified in writing by such Holder to the Company) pursuant to an effective registration statement, (y) has been made pursuant to Rule 144 under the Securities Act, or (z) may be made pursuant to Rule 144(k) under the Securities Act or any successor rule or provision.

• The remainder of the Deliverable Shares shall be paid in shares of Common Stock.

More Definitions of Deliverable Shares

Deliverable Shares has the meaning specified in the definition of “Daily Settlement” amount.

Deliverable Shares means the aggregate number of shares of Common Stock for the 40 consecutive VWAP Trading Days during an Observation Period based on the determination of the Daily Settlement Amount pursuant to clause (ii) of the definition thereof on each such VWAP Trading Day during the Observation Period.

Deliverable Shares has the meaning set forth in Section 4.01(a).

Deliverable Shares means shares of Common Stock purchased by Seller for delivery to Buyer or for repayment of shares borrowed by Seller for delivery to Buyer.

Deliverable Shares. Attached as Exhibit A is a list of new shareholders ("Purchasers") of the Company who will be issued shares of common stock of the Company, including shareholder name, address, and the number of deliverable shares of the Company. The date of issuance will be December 21, 2001, and the share certificates will bear the legends as described below. You have agreed to prepare the share certificates no later than 1:00 p.m., December 21, 2001, and upon our instruction to deliver the final share certificates via overnight courier to the respective Purchasers, with a copy of each certificate to: John T. McFarland Wilson Sonsini Goodrich & Rosati, X.X. 650 Page Mill Xxxx Paxx Xxxo, California 94304-1050 THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT FOR DISTRIBUTION, AND HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY STATE SECURITIES LAWS. SUCH SHARES MAY NOT BE SOLD, OFFERED FOR SALE, PLEDGED OR HYPOTHECATED, OR OTHERWISE TRANSFERRED IN THE ABSENCE OF A REGISTRATION STATEMENT IN EFFECT WITH RESPECT THERETO UNDER SUCH ACT UNLESS SOLD PURSUANT TO RULE 144 OF SUCH ACT OR UNLESS SUCH SALE, PLEDGE, HYPOTHECATION OR TRANSFER IS OTHERWISE EXEMPT FROM REGISTRATION AND ANY APPLICABLE STATE SECURITIES LAWS. THE COMPANY MAY REQUEST A ChaseMellon Shareholder Services December 21, 2001 Page 2 WRITTEN OPINION OF COUNSEL REASONABLY SATISFACTORY TO THE COMPANY, TO THE EFFECT THAT REGISTRATION IS NOT REQUIRED IN CONNECTION WITH SUCH SALE OR OTHER TRANSFER. THIS CERTIFICATE MUST BE SURRENDERED TO THE CORPORATION OR ITS TRANSFER AGENT AS A CONDITION PRECEDENT TO THE SALE OR ANY OTHER TRANSFER OF ANY INTEREST IN ANY OF THE SHARES REPRESENTED BY THIS CERTIFICATE. THESE SECURITIES AND THE SECURITIES ISSUABLE UPON EXERCISE OF THESE SECURITIES MAY BE PLEDGED IN CONNECTION WITH A BONA FIDE MARGIN ACCOUNT OR OTHER LOAN SECURED BY SUCH SECURITIES.

Deliverable Shares means, in respect of any Noteholder and any interest amount payable on an Interest Payment Date or principal amount of the Notes redeemable on an Amortisation Payment Date or SSO Investor Price Limit Option Exercise Date, in each case which would otherwise be payable in cash, such number of Shares determined in good faith by the Calculation Agent by dividing the relevant interest amount in respect of such Notes on such Interest Payment Date or the relevant Amortised Payment Amount in respect of such Note on such Amortisation Payment Date or SSO Investor Price Limit Option Exercise Date, as applicable, by the Share Settlement Price in respect of such Interest Payment Date or Amortisation Payment Date or SSO Investor Price Limit Option Exercise Date (as applicable).

Deliverable Shares. Attached as Exhibit A is a list of new shareholders ("Purchasers") of the Company who will be issued shares of common stock of the Company, including shareholder name, address, and the number of deliverable shares of the Company. The date of issuance will be January 14, 2002, and the share certificates will bear the legends as described below. You have agreed to prepare the share certificates no later than 1:00 p.m., January 15, 2002, and upon our instruction to deliver the final share certificates via overnight courier to the respective Purchasers, with a copy of each certificate to: John T. McFarland Wilson Sonsini Goodrich & Rosati, X.X. 650 Page Milx Xxxx Pxxx Xxto, California 94304-1050