Final Exchange Amount Sample Clauses
Final Exchange Amount. Subject to Section 7.1, the “Final Exchange Amount” in respect of each outstanding Trust Security will be determined as of the Exchange Date as follows: the number of Shares (and the amount of each other type of Exchange Property) deliverable on the Exchange Date will equal the sum of the following amounts determined for each of the 40 Trading Days during the Observation Period:
Final Exchange Amount. Subject to Section 7.1, the “Final Exchange Amount” in respect of each outstanding Trust Security will be determined as of the Exchange Date as follows: the number of Shares (and the amount of each other type of Exchange Property) deliverable on the Exchange Date will equal the sum of the following amounts determined for each of the 40 Trading Days during the Observation Period:
(i) if the Daily VWAP of the Shares (or the aggregate Then-Current Value of an Exchange Property Unit, if the Exchange Property Unit includes Exchange Property other than solely one Share) for such Trading Day is equal to or greater than the Non-Accelerated Percentage then in effect multiplied by the Threshold Appreciation Price, then a number of Shares (or a number of Exchange Property Units, if applicable) for such Trading Day equal to 1/40th of the Minimum Exchange Rate;
(ii) if the Daily VWAP of the Shares (or the aggregate Then-Current Value of an Exchange Property Unit, if the Exchange Property Unit includes Exchange Property other than solely one Share) for such Trading Day is equal to or greater than the Non-Accelerated Percentage then in effect multiplied by the Initial Price, but less than the Non-Accelerated Percentage then in effect multiplied by the Threshold Appreciation Price, then that number of Shares for such Trading Day that, if multiplied by the Daily VWAP of the Shares for such Trading Day, would have a value equal to 1/40th of the Non-Accelerated Percentage then in effect multiplied by $100.00 (or, if applicable, that number of Exchange Property Units for such Trading Day that, if multiplied by the Then-Current Value (valued as of such Trading Day) of an Exchange Property Unit, would have a value equal to 1/40th of the Non-Accelerated Percentage then in effect multiplied by $100.00); and
(iii) if the Daily VWAP of the Shares (or the aggregate Then-Current Value of an Exchange Property Unit, if the Exchange Property Unit includes Exchange Property other than solely one Share) for such Trading Day is less than the Non-Accelerated Percentage then in effect multiplied by the Initial Price, then a number of Shares (or a number of Exchange Property Units, if applicable) for such Trading Day equal to 1/40th of the Maximum Exchange Rate.
Final Exchange Amount. The Equity Amount Payer will pay to the Equity Amount Receiver on the Termination Date, an amount equal to 100% of the Notional Amount.