ADS Exchange Ratio definition

ADS Exchange Ratio means the ratio applicable to the exchange of Ordinary Shares for ADSs from time to time, currently being a ratio of 5 Ordinary Shares for each ADS;
ADS Exchange Ratio means the ratio applicable to the exchange of Ordinary Shares for ADSs from time to time, currently being a ratio of 5 Ordinary Shares for each ADS.
ADS Exchange Ratio shall be added to clause 1.1 of the Note Instrument as of the Effective Date, and read as follows:

Examples of ADS Exchange Ratio in a sentence

  • International sports victories were obviously used in the Soviet Union to demonstrate prestige, but policy-makers nevertheless prioritised contacts within the alliance, at least from the quantitative perspective.The key diplomatic objective of sports contacts between the countries of the communist bloc was shaping friendship between the socialist societies of the alliance.

  • JURISDICTION, POWERS AND AUTHORITY OF A JOINT ADMINISTRATIVE TRIBUNAL.

  • The EPS of EHB, however, will be diluted as a result of the increase in the number of EHB Shares in issue pursuant to the Proposed Acquisition.The Proposed ESOS is not expected to have an immediate effect on the consolidated earnings and EPS of the EHB Group.

  • On March 8, 2012, Xxxxxx Xxxxxxx rendered its oral opinion, subsequently confirmed in writing, to the Tudou Board that as of such date and, based upon and subject to the assumptions, qualifications and limitations set forth in the opinion, the Share Exchange Ratio and the ADS Exchange Ratio pursuant to the Merger Agreement was fair, from a financial point of view, to the holders of Tudou shares and holders of Tudou ADSs, respectively.

  • The Share Exchange Ratio and ADS Exchange Ratio were determined through arm's-length negotiations between Xxxxx and Xxxxx and was approved by the Tudou Board.

  • In connection with its analysis, Xxxxxx Xxxxxxx calculated the implied consideration to be paid for each ADS of Tudou (the "ADS Consideration") by multiplying the ADS Exchange Ratio of 1.595x by the Youku ADS closing price of US$25.01 as of March 9, 2012 to arrive at the ADS Consideration of US$39.89.

  • ADS Exchange Ratio: means the ratio applicable to the exchange of Ordinary Shares for ADSs from time to time, currently being a ratio of 5 Ordinary Shares for each ADS.

  • Xxxxxx Xxxxxxx'x opinion is directed to the Tudou Board and addresses only the fairness from a financial point of view of the Share Exchange Ratio and ADS Exchange Ratio pursuant to the Merger Agreement to the holders of Tudou shares and the 135 holders of Xxxxx XXXx, respectively, as of the date of the opinion.

  • NPC acts as a centre of expertise in economic appraisal, developing guidance on procedures and economic assumptions for cost-benefit analysis and discounting, and for assessing whether private or public borrowing will have the lowest economic cost for projects or programmes.

  • Consequently, the analyses as described above should not be viewed as determinative of the opinion of the Tudou Board with respect to the Share Exchange Ratio or the ADS Exchange Ratio or of whether the Tudou Board would have been willing to agree to a different exchange ratio.


More Definitions of ADS Exchange Ratio

ADS Exchange Ratio means the ratio applicable to the exchange of Ordinary Shares for ADSs from time to time, currently being a ratio of 5 Ordinary Shares for each ADS; Amendment Date means 15 December 2020; Articles the articles of association of the Company for the time being; Auditors the Company’s auditors; Business means the research, development, production, trading and licensing of rights, intellectual property and/or products within the life sciences industry (or any of the foregoing or any activities connected thereto); Business Day a day (which for these purposes ends at 5.30 pm) on which banks are open for commercial business in the City of London other than a Saturday or Sunday; Companies Act the Companies Xxx 0000;

Related to ADS Exchange Ratio

  • Option Exchange Ratio means the quotient obtained by dividing (i) the Cash Amount Per Share by (ii) the Acquiror Common Stock Price.

  • Share Exchange Ratio has the meaning given to it in Section 3.1(d);

  • Equity Award Exchange Ratio means the sum of (A) the Exchange Ratio and (B) the quotient (rounded to four decimal places) obtained by dividing the Per Share Cash Consideration by the Huntington Share Closing Price.

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Applicable Exchange Rate means, with respect to any Contract denominated and payable in Euros or GBPs on any day, the lesser of (a) the applicable currency Dollar spot rate used by the Borrower (as determined by the Collateral Manager) to acquire such currency on the date such Contract is included in the Borrower Collateral and (b) the Applicable Conversion Rate for such currency.

  • Canadian-U.S. Exchange Rate means, on any date, the inverse of the U.S. - Canadian Exchange Rate in effect on such date;

  • Daily Exchange Value means, for each of the 20 consecutive Trading Days during the Observation Period, one-twentieth (1/20) of the product of (a) the applicable Exchange Rate and (b) the Daily VWAP of the Common Stock (or the Reference Property, if applicable) on such day.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Multi-Exchange Index , if applicable, means each Reference Item specified under the heading "Underlying" in the Product Terms to be a Multi-Exchange Index.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Applicable Market Value has the meaning specified in Section 5.1.

  • Reference Market Price initially means $ (which is an amount equal to % of the reported last sale price for Company Common Stock on the NYSE Consolidated Transactions Tape on , 1999), and in the event of any adjustment of the Conversion Price other than as a result of a Non-Stock Fundamental Change, the Reference Market Price shall also be adjusted so that the ratio of the Reference Market Price to the Conversion Price after giving effect to any such adjustment shall always be the same as the ratio of the initial Reference Market Price to the initial Conversion Price of the Debentures.

  • Parent Trading Price means the volume weighted average closing sale price of one (1) share of Parent Common Stock as reported on NYSE for the ten (10) consecutive trading days ending on the trading day immediately preceding the Acceptance Time (as adjusted as appropriate to reflect any stock splits, stock dividends, combinations, reorganizations, reclassifications or similar events).

  • U.S.-Canadian Exchange Rate means, on any date:

  • Average Market Price means, with respect to any security, the arithmetic average of the Market Price of such security for the 15 consecutive trading day period ending on and including the trading day immediately preceding the determination date.

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Reference Share Price means, on any day, the closing price of a Reference Share on the primary exchange on which the Reference Share is traded, as reported by such exchange, provided that if the primary exchange on which a particular Reference Share is traded is not open for trading on that day, if there is no closing price on that day or if there is a market disruption event affecting such Reference Share on that day, the closing price on the immediately preceding day on which such exchange is open for trading (and for which there is a closing price and no market disruption event) will be used, except if this occurs on the Issue Date or an Average Valuation Date, in which case the closing price on the immediately following day on which such exchange is open for trading (and for which there is a closing price and no market disruption event) will be used, up to a maximum postponement of five Business Days. If the closing of the primary exchange, the absence of a closing price or the market disruption event should last for five Business Days, the closing price of the relevant Reference Share will be a price determined on such fifth Business Day by the Calculation Agent in its sole discretion and in good faith using market-accepted practices.

  • Exchange Value is the adjusted appraised value of the Property which takes into consideration various factors to balance the business value of the Property within its present ownership structure.

  • Reference Number means ninety-eight million, one-hundred eighty-one thousand, eight hundred eighteen (98,181,818) shares of DHI Common Stock (as adjusted for any stock split, stock dividend, reverse stock split or similar event occurring after the Merger).

  • Open Market Adjustment Amount shall have the meaning specified in Section 2(I).