A$ Equivalent definition
Examples of A$ Equivalent in a sentence
Section 5(a)(iii) will apply to Party A, Section 5(a)(iii)(1) will apply to Party B only if such failure is the failure by Party B to transfer to Party A Equivalent Credit Support specified by Party A in a demand duly made under Paragraph 2(b) of the ISDA Credit Support Annex dated as of the date hereof and Section 5(a)(iii)(2) and (3) will not apply to Party B.
If any Member elects to purchase less than its pro rata share of the Class A Equivalent Membership Interests or the New Membership Interests, as applicable, so offered, the pro rata share of such Member not so purchased may be purchased within such period by ▇▇▇▇ Holdings in respect of Class A equivalent Membership Interests and by Continental Holdings in respect of New Membership Interests.
The terms of the UK&I Preferred Stock include provisions effecting a reduction in the rate at which UK&I Preferred Stock is eligible for conversion (in accordance with the terms of the UK&I Preferred Stock) into Class A Common Stock or Class A Equivalent Preferred Stock of Visa Inc.
Initial Exchange Date: Effective Date Party A Initial Exchange Amount: The A$ Equivalent of the Party B Initial Exchange Amount, being A$[ ].
B As such, the total aggregate value of Class A Common Stock or Class A Equivalent Preferred Stock that the UK&I Preferred Stock can be partially converted into from time to time may decrease if, as a result of UK Covered Losses, one or more UK&I Conversion Rate Reductions take place.