Round Down Provision definition

Round Down Provision has the meaning attributed to that term in of Section 3.2 of this Plan of Arrangement;
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Examples of Round Down Provision in a sentence

  • Notwithstanding the foregoing, if the Round Down Provision would otherwise result in the number of Spinco Common Shares distributable to a particular Entrée Shareholder being rounded down from one to nil, then the Round Down Provision shall not apply and Entrée shall distribute one Spinco Common Share to that Entrée Shareholder.

  • Notwithstanding the foregoing, if the Round Down Provision would otherwise result in the number of Celly Nu Shares distributable to a particular FSD Pharma Securityholder being rounded down from one to nil, then the Round Down Provision shall not apply and FSD Pharma shall distribute one Celly Nu Share, to that FSD Pharma Securityholder.

  • Notwithstanding the foregoing, if the Round Down Provision would otherwise result in the number of Neural Shares distributable to a particular High Fusion Shareholder being rounded down from one to nil, then the Round Down Provision shall not apply and High Fusion shall distribute one Neural Share, to that High Fusion Shareholder.

  • If High Fusion would otherwise be required to distribute to High Fusion Shareholder an aggregate number of distributed Neural Shares that is not a round number, then the number of Neural Shares, distributable to that High Fusion Shareholder shall be rounded down to the next lesser whole number (the "Round Down Provision") and that High Fusion Shareholder shall not receive any compensation in respect thereof.

Related to Round Down Provision

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Write-Down and Conversion Powers means, with respect to any EEA Resolution Authority, the write-down and conversion powers of such EEA Resolution Authority from time to time under the Bail-In Legislation for the applicable EEA Member Country, which write-down and conversion powers are described in the EU Bail-In Legislation Schedule.

  • Share Delivery Date shall have the meaning set forth in Section 4(c)(ii).

  • Take-Down Notice shall have the meaning set forth in Section 4(c) hereof.