Common use of Final Exchange Amount Clause in Contracts

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:

Appears in 4 contracts

Samples: Forward Agreement, Forward Agreement (2017 Mandatory Exchangeable Trust), Forward Agreement (2017 Mandatory Exchangeable Trust)

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