Class C Exchange Ratio definition

Class C Exchange Ratio means a number, the numerator of which is 3,840,000 and the denominator of which is equal to the aggregate number of Company Class A Shares outstanding as of immediately prior to the Closing.
Class C Exchange Ratio means the fractional number specified in Paragraph [6] of this Instrument used by the Bank of England for the purpose of calculating the Class [C] Entitlement in accordance with Paragraph [46] of the [Bank] Resolution Instrument;10
Class C Exchange Ratio means the fractional number determined by the Bank of England following the Valuation Date and to be used by the Bank of England for the purpose of calculating the Class [C] Entitlement in accordance with Paragraph [46] of this Instrument;14

Examples of Class C Exchange Ratio in a sentence

  • Section 2.2(c) Class C Exchange Ratio.....................................................

  • Section 2.1 Class C Exchange Ratio.......................................

  • The Share Consideration for each Tendered Share consists of 0.2282 of a Liberty Global A Share (the Class A Exchange Ratio) and 0.5630 of a Liberty Global C Share (the Class C Exchange Ratio, and together the Share Consideration).

  • Therefore, in order to ensure that the economic value of the Share Consideration for the Tendered Shares remains the equivalent, the Class A Exchange Ratio and the Class C Exchange Ratio will in such event be adjusted taking into account the relative value of the combined SpinCo Shares and Liberty Global A Shares and Liberty Global C Shares post spin-off compared to the Liberty Global A Shares and Liberty Global C Shares post spin-off.


More Definitions of Class C Exchange Ratio

Class C Exchange Ratio has the meaning set forth in Section 2.1(c) hereof.
Class C Exchange Ratio means 1.0, as such number is adjusted pursuant to Section 8.04(h).
Class C Exchange Ratio means the fractional number determined by the Resolution Authority following the Final Valuation Date and to be used by the Resolution Authority for the purpose of calculating the Class C Entitlement in accordance with Clause 6.3.1 of these Terms and Conditions.
Class C Exchange Ratio means the quotient of the Class C Merger Consideration divided by the number of shares of Class C Preferred.
Class C Exchange Ratio has the meaning given to it in Clause 2.5(a).
Class C Exchange Ratio as set forth on Exhibit A of the Merger Agreement as setting forth an accurate formula for calculating the Per Share Merger Consideration in the aggregate and shall have no liability for any errors or omissions therein, (ii) you irrevocably waive and release and covenant not to xxx Buyer, the Company, the Surviving Corporation and their respective Affiliates from any and all liabilities arising from or related to the allocation of the Per Share Merger Consideration and any other amounts payable to you pursuant to the Merger Agreement (other than with respect to any liability arising from or related to you not receiving your applicable portion of the Merger Consideration or any other amounts payable to you in accordance with the Merger Agreement, in each case, following the satisfaction of all applicable requirements set forth herein and in the Merger Agreement) and (iii) in the event of a conflict between any provision of this letter and/or the enclosed Letter of Transmittal and the Merger Agreement, the Merger Agreement shall control unless specifically provided otherwise therein. You hereby acknowledge and agree that by signing the enclosed Letter of Transmittal, in connection with and contingent upon the consummation of the Merger, you agree to, and consent to the termination in accordance with its terms of, that certain Shareholders’ Agreement, dated as of August 27, 2020 (the “Shareholders’ Agreement”), by and among the Company and all shareholders of the Company party thereto, effective as of the Effective Time. For the avoidance of doubt, the termination of the ShareholdersAgreement is conditional upon the Closing and effective as of the Effective Time.

Related to Class C Exchange Ratio

  • Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

  • Class D Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes, the Class C Notes and the Class D Notes.

  • Share Exchange Ratio has the meaning given to it in Section 3.1(d);

  • Class C Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Adjusted Collateral Principal Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes and the Class C Notes.

  • Option Exchange Ratio means the quotient obtained by dividing (i) the Cash Amount Per Share by (ii) the Acquiror Common Stock Price.

  • Equity Award Exchange Ratio means the sum of (i) the Share Consideration, plus (ii) the quotient of (x) the Cash Consideration divided by (y) the Parent Stock Price, rounded to the nearest one thousandth.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Class C Common Stock means the Class C Common Stock, par value $0.01 per share, of the Company.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).

  • Class D Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Early Preference Share Valuation Date means the date specified as such in the relevant Early Preference Share Redemption Notice which shall fall not less than one day and not more than 180 days following the day such Early Preference Share Redemption Notice is given. The Early Preference Share Redemption Notice may provide that such date is subject to adjustment in accordance with certain disruption or adjustment events, as determined by the Calculation Agent.

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Floating Quarterly Dividend Rate means, for any Quarterly Floating Rate Period, the rate of interest (expressed as a percentage rate rounded down to the nearest one hundred-thousandth of one percent (with 0.000005% being rounded up)) equal to the sum of the T-Bill Rate on the applicable Floating Rate Calculation Date plus 1.60% (calculated on the basis of the actual number of days elapsed in such Quarterly Floating Rate Period divided by 365).

  • Class D Common Stock means the Class D Common Stock, par value $0.01 per share, of the Company.

  • Parent Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of Parent.

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Class A Common Stock means the Company's Class A Common Stock, par value $.01 per share.

  • Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date.

  • Parent Class B Common Stock means the Class B Common Stock, par value $0.01 per share, of Parent.

  • Ex-Dividend Date means the first date on which shares of the Common Stock trade on the applicable exchange or in the applicable market, regular way, without the right to receive the issuance, dividend or distribution in question, from the Company or, if applicable, from the seller of Common Stock on such exchange or market (in the form of due bills or otherwise) as determined by such exchange or market.

  • Company Class A Common Stock means the Class A Common Stock, par value $0.01 per share, of the Company.