Cash Alternative definition

Cash Alternative has the meaning ascribed thereto in Section 3.2(a) hereof;

Cash Alternative means $8.35 in cash per Unit;

Cash Alternative means $22.50 in cash for each Share, subject to pro ration as set out herein;

Examples of Cash Alternative in a sentence

• The Issuer will pay the Cash Alternative Amount, together with any other amount due in satisfaction of the relevant exercise of Investor Cash Settlement Rights, by not later than five Trading Days following the last day of the Cash Alternative Calculation Period by transfer to a euro account with a bank in a city in which banks have access to the TARGET System in accordance with instructions given by the relevant Bondholder in the relevant Conversion Notice.

• The Issuer has an option to vary settlement in respect of the Equity Linked Notes and may in its sole and absolute discretion in respect of each such Equity Linked Note, elect not to deliver or procure delivery of the Entitlement to the relevant Noteholders but, in lieu thereof to make payment of the Cash Alternative Amount on the Maturity Delivery Date to the relevant Noteholders.

• Rights to receive Shares will be subject to the same vesting, settlement and exercise (in the case of a non-U.S. Participant) terms as the RSUs in respect of which such rights are credited provided, however, that a Participant shall be entitled to the Dividend Cash Alternative.

• Each Cambian Shareholder will need to determine whether they should accept the Headline Offer or elect for the Full Cash Alternative depending on their own personal circumstances.

• The Cambian Directors, who have been so advised by Rothschild, Investec and J.P. Morgan Cazenove as to the financial terms of the Transaction, consider the terms of the Transaction (comprising the Headline Offer with the option of electing for the Full Cash Alternative) to be fair and reasonable.

More Definitions of Cash Alternative

Cash Alternative means the alternative whereby Scheme Shareholders may elect to receive cash in lieu of the O2 Shares to which they would otherwise be entitled under the Scheme;

Cash Alternative means the option of an ERA Shareholder to receive HK$0.88 per Share payable in cash under the Share Offer, as set out in the section headed “The Share Offer and the Option Offer – Consideration for the Share Offer – the Cash Alternative” of the letter from Citigroup in this Composite Document;

Cash Alternative means the right of each Common Shareholder to elect to receive, for each Common Share held by such Common Shareholder, $31.00 in cash under the Common Share Offer;

Cash Alternative means the cash alternative facility

Cash Alternative means $82.50 in cash for each Inco Share, subject to pro ration as set out herein.

Cash Alternative means the payment of $44.50 in cash per Exchangeable Share;

Cash Alternative has the meaning assigned to it in Clause 6.1;