Cash Alternative definition

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

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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 $8.35 in cash per Unit;

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.

• 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.

• The amount of cash to be paid, if the Guarantor elects a Cash Alternative, for each $1,000 in principal amount of a Security upon conversion, shall be equal to the Current Market Price of an ADS on the ninth Trading Day following the Conversion Date, multiplied by the Conversion Ratio in effect on such Trading Day (a "Cash Alternative Payment").

• The Guarantor shall not deliver a notice electing to, and shall not, directly or indirectly, pay a Cash Alternative at any time any Existing EPIL Indebtedness is outstanding.

• If the Cash Alternative Structure is required to be effected, no vote of the stockholders of Parent shall be required to authorize this Agreement or to consummate the transactions contemplated hereby, including the issuance of the shares of Parent Common Stock in the Merger pursuant to this Agreement.

More Definitions of Cash Alternative

Cash Alternative the cash consideration alternative under the Proposal, being the Cancellation Price of HK$13.00 for every Scheme Share

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 payment of $44.50 in cash per Exchangeable Share;

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

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

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

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;