Examples of Automatic Exchange Date in a sentence
Notwithstanding anything to the contrary in this Section 2.6(e), during the fifteen (15) calendar day period prior to the Automatic Exchange Date, no transfers or exchanges other than pursuant to this Section 2.6(e) shall be permitted without the prior written consent of the Issuers.
As at September 30, 2016, we had $12.1 billion of outstanding MBL Ordinary Shares and reserves, $1.1 billion of outstanding Relevant Tier 1 Securities and $3.0 billion of outstanding Relevant Tier 2 Securities.If, for any reason, Exchange has not occurred within 5 Business Days of the Automatic Exchange Date, then Exchange will not occur and each Security, or portion thereof, which would otherwise have been Exchanged, will be Written-Off.
Notwithstanding anything to the contrary in this Section 2.6(e), during the fifteen (15) calendar day period prior to the Automatic Exchange Date, no transfers or exchanges other than pursuant to this Section 2.6(e) shall be permitted without the prior written consent of the Company.
The MGL Ordinary Shares that will be issued may not be quoted at the time of issue or at all and may not be tradable.The number of MGL Ordinary Shares that a BCN Holder will receive on an Exchange following an Automatic Exchange Event is calculated by reference to the VWAP during the 5 ASX Trading Days immediately preceding the relevant Automatic Exchange Date and subjectto the Maximum Exchange Number applicable to that date.
Notwithstanding anything to the contrary in this Section 2.6(e), during the fifteen (15) calendar day period prior to the Automatic Exchange Date, no transfers or exchanges other than pursuant to this Section 2.6(e) shall be permitted without the prior written consent of the Issuer.