Cash Settlement Ratio means, in respect of an exercise of Conversion Rights the subject of a Cash Alternative Election, such number as is equal to (x) the Cash Settled Shares in respect of such exercise of Conversion Rights divided by (y) the Reference Shares in respect of such exercise of Conversion Rights.
Cash Settlement Ratio means, in respect of an exercise of Conversion Rights the subject of a Cash Alternative Election, such number as is equal to (x) the Cash Settled ADSs in respect of such exercise of Conversion Rights divided by (y) the Reference ADSs in respect of such exercise of Conversion Rights.
Cash Settlement Ratio means, in respect of an exercise of Conversion Rights the subject of an Alternative Settlement Election (where “Cash Settlement” is specified), such number as is equal to (x) the Cash Settled Shares in respect of such exercise of Conversion Rights, divided by (y) the Reference Shares in respect of such exercise of Conversion Rights.A “Change of Control” shall occur if (i) any person or persons, acting together, acquire(s) or becomes, directly or indirectly, the legal or beneficial owner of more than 50 per cent. of the issued ordinary share capital of the Issuer (other than in any such case as a result of an Exempt Newco Scheme) or (ii) any person makes an offer to all (or as nearly as may be practicable all) Shareholders (or all (or as nearly as may be practicable all) such Shareholders other than the offeror and/or any associate of the offeror), to acquire all or a majority of the issued ordinary share capital of the Issuer or if any person proposes a Scheme of Arrangement with regard to such acquisition (other than an Exempt Newco Scheme) and (such offer or Scheme of Arrangement having become or been declared unconditional in all respects or having become effective) such person acquires or becomes, directly or indirectly, the legal or beneficial owner of more than 50 per cent. of the issued ordinary share capital of the Issuer.
Examples of Cash Settlement Ratio in a sentence
Manual simplifications were collected using Ama- zon Mechanical Turk (AMT).
More Definitions of Cash Settlement Ratio
Cash Settlement Ratio means, in respect of an exercise of Exchange Rights the subject of a Cash Alternative Election, such number as is equal to;
Cash Settlement Ratio means, in respect of an exercise of Exchange Rights the subject of a Cash Alternative Election, such number as is equal to (x) the Cash Settled Securities in respect of such exercise of Exchange Rights, divided by (z) the Reference Securities in respect of such exercise of Exchange Rights.
Cash Settlement Ratio means (i) in respect of any exercise of Conversion Rights in respect of which the relevant Conversion Date falls prior to the Share Conversion Start Date, 100 per cent.; or (ii) in respect of any exercise of Conversion Rights in respect of which the relevant Conversion Date falls on or after the Share Conversion Start Date and the Guarantor has made a Cash Settlement Election, the Number of Cash Settled Shares in respect of such exercise divided by the Number of Reference Shares in respect of such exercise.
Cash Settlement Ratio means the number of Cash Settled Shares (which may be equal to zero) divided by the number of Reference Shares.
Cash Settlement Ratio means, in respect of an exercise of Conversion Rights in respect of which the Issuer has made a Cash Alternative Election, such number as is equal to (x) the Cash Settled ADSs in respect of such exercise of Conversion Rights divided by (y) the Reference ADSs in respect of such exercise of Conversion Rights.A “Change of Control” shall occur if any person or persons, acting together (in each case other than a Permitted Holder that is a legal or beneficial owner of less than 43 per cent. of the Shares (including the ADSs) of the Issuer) (i) acquire(s) or become(s), directly or indirectly, the legal or beneficial owner of more than 50 per cent. of the voting rights attributable to the Shares of the Issuer (including, for the avoidance of doubt, the ADSs) (other than as a result of an Exempt Newco Scheme); or (ii) acquire(s) the right to appoint and/or remove all or a majority of the members of the board of directors of the Issuer.
Cash Settlement Ratio means, in respect of an exercise of Conversion Rights in respect of which the Issuer has made a Cash Alternative Election, such number as is equal to (x) the Cash Settled Shares, in each case in respect of such exercise of Conversion Rights divided by (y) the Reference Shares in respect of such exercise of Conversion Rights. a “Change of Control” shall occur if, by any means, other than as a result of a Tender Offer, any person or persons acting together acquire Control of the Issuer.
Cash Settlement Ratio means, in respect of an exercise of Conversion Rights the subject of a Cash Alternative Election, such number as is equal to (x) the Cash Settled Shares in respect of such exercise of Conversion Rights, divided by (y) the Reference Shares in respect of such exercise of Conversion Rights. a “Change of Control” shall occur if (i) any person or persons, acting in concert (as defined in the City Code on Takeovers and Mergers), acquire(s) or becomes entitled to control more than 50 per cent. of the votes that may ordinarily be cast on a poll at a general meeting of the Guarantor (other than in any such case as a result of an Exempt Newco Scheme) or (ii) an offer is made to all (or as nearly as may be practicable all) Shareholders (or all (or as nearly as may be practicable all) such Shareholders other than the offeror and/or any associate (as defined in Section 988(1) of the Companies Act) of the offeror), to acquire all or a majority of the issued ordinary share capital of the Guarantor or if any person proposes a scheme of arrangement or analogous proceeding with regard to such acquisition (other than an Exempt Newco Scheme) and (such offer or scheme of arrangement or analogous proceeding having become or been declared unconditional in all respects or having become effective) the right to cast more than 50 per cent. of the votes that may ordinarily be cast on a poll at a general meeting of the Guarantor has or will become unconditionally vested in the offeror(s) or such person and/or any associate (as defined in Section 988(1) of the Companies Act) of the offeror(s) or such person, as the case may be.