Cash Alternative Election definition

Cash Alternative Election means an election made by the Issuer to settle a conversion of Convertible Bonds in cash rather than in Ordinary Shares, in accordance with Clause 6.4.14.
Cash Alternative Election means an election made by the Issuer to settle a Conversion Right by delivering to or to the order of the relevant Bondholder the Fixed Number of Ordinary Shares and making payment, or procuring that payment is made, to the relevant Bondholder of the Cash Alternative Amount, together with any other amount payable by the Issuer to such Bondholder pursuant to these Conditions in respect of or relating to the relevant exercise of such Conversion Right, in accordance with Condition 5(m).
Cash Alternative Election has the meaning provided in Condition 6.11.

Examples of Cash Alternative Election in a sentence

  • The Issuer, however, may not make a Cash Alternative Election at any time when such election would prevent the rel- evant Bondholder from participating to any rights issue or other issuance to which that Bondholder is entitled to participate pursuant to Article 491 of the Belgian Company Code.

  • Subject to the provisions of Clause 6.4.13 (Cash Alternative Election) of the "Terms and Conditions of the Convertible Bonds" and otherwise as provided in the "Terms and Conditions of the Convertible Bonds", each Convertible Bond shall entitle the holder to convert such Convertible Bond into existing and/or new Ordinary Shares, in each case credited as fully paid, at a conversion ratio of one Ordinary Share per Convertible Bond (subject to adjustment).


More Definitions of Cash Alternative Election

Cash Alternative Election means an election made by the Issuer to settle a conversion of Convertible Bonds in cash rather than in Ordinary Shares, in accordance with Condition 6.4.13.
Cash Alternative Election has the meaning given in Condition 14(a) (Cash Alternative Election - Issuer's Election);
Cash Alternative Election has the meaning given in Condition 14(a) (Cash Alternative Election - Issuer’s Election); “Cash Alternative Election Date” means the date falling three Exchange Business Days after the relevant Conversion Date; “Cash Alternative Election Notice” has the meaning given in Condition 14(b) (Cash Alternative Election - Cash Alternative Election Notice); “Change of Control Event” has the meaning given in Condition 17(a) (Change of Control - Change of Control Event);
Cash Alternative Election has the meaning provided in Condition 6(a)(viii).
Cash Alternative Election will have the meaning ascribed to such term in Section 3.6.

Related to Cash Alternative Election

  • LCA Election has the meaning specified in Section 1.09(a).

  • Primary election means any regular primary election held under the election

  • Cash Election shall have the meaning set forth in Section 3.2.2.

  • Exchange Election shall have the meaning specified in Section 14.12(a).

  • Statewide popular election means a general election in

  • Election cycle means the period beginning on the first day persons are eligible to

  • LCT Election has the meaning assigned to such term in Section 1.06.

  • Share Termination Alternative If applicable, Dealer shall deliver to Counterparty the Share Termination Delivery Property on, or within a commercially reasonable period of time after, the date when the relevant Payment Obligation would otherwise be due pursuant to Section 12.7 or 12.9 of the Equity Definitions or Section 6(d)(ii) and 6(e) of the Agreement, as applicable, in satisfaction of such Payment Obligation in the manner reasonably requested by Counterparty free of payment. Share Termination Delivery Property: A number of Share Termination Delivery Units, as calculated by the Calculation Agent, equal to the Payment Obligation divided by the Share Termination Unit Price. The Calculation Agent shall adjust the Share Termination Delivery Property by replacing any fractional portion of a security therein with an amount of cash equal to the value of such fractional security based on the values used to calculate the Share Termination Unit Price.

  • Section 336(e) Election has the meaning set forth in Section 7.06.

  • Settlement Method Election Date With respect to any Settlement of any Transaction, the 2nd Scheduled Trading Day immediately preceding (x) the Valuation Date for such Transaction, in the case of Physical Settlement, or (y) the First Unwind Date for such Transaction, in the case of Cash Settlement or Net Share Settlement.

  • Election Date has the meaning specified in Section 3.12(h).

  • Eligible elector means a person who meets the specific requirements for voting at a specific election or for a specific candidate, ballot question, or ballot issue. If no specific provisions are given, an eligible elector shall be a registered elector, as defined in subsection (35) of this section.

  • Payment Election means an election pursuant to Section 5.1.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Regular election means an election held on a regular election date to elect an individual to, or nominate an individual for, elective office in the regular course of the terms of that elective office.

  • Deferral Election means the Participant’s election under Section 3.1 to defer all or a portion of his or her Compensation.