Deliverable Shares definition

Deliverable Shares means, in respect of an Exchangeable Bond, such number of Ordinary Shares (which shall not exceed the number of Redemption Shares) as is equal to the product (rounded down if necessary to the nearest whole multiple of an Ordinary Share) of (i) the Redemption Shares and (ii) the Relevant Percentage.

Deliverable Shares has the meaning specified in the definition of Daily Settlement Amount.

Deliverable Shares means the Ordinary Shares (excluding for the avoidance of doubt any fraction of an Ordinary Share) not exceeding the relevant number of Reference Shares that the Issuer has elected to deliver to the relevant Noteholder upon exercise by that Noteholder of Conversion Rights.

Examples of Deliverable Shares in a sentence

• The Maximum Deliverable Shares shall be delivered immediately to the Holder and shall carry piggyback registration rights.

• Deliverable Shares delivered to a Holder shall not contain any restrictive legend as long as the resale of such Deliverable Shares (x) has been or will be made (as certified in writing by such Holder to the Company) pursuant to an effective registration statement, (y) has been made pursuant to Rule 144 under the Securities Act, or (z) may be made pursuant to Rule 144(k) under the Securities Act or any successor rule or provision.

• If such increased Settlement Amount results in an increase in the amount of cash to be paid to Holders, the Company shall pay such increase in cash, and if such increased Settlement Amount results in an increase in the Maximum Deliverable Shares, the Company shall deliver such increase in Reference Property (or, at the Company’s election as set forth in Section 11.01(c), in lieu of such Reference Property, cash payable or any combination of cash payable and Reference Property issuable upon the conversion).

• If the Final Price closes below the Strike Price Barrier on the Final Valuation Date: (i) Physical delivery of the Number of Deliverables Shares plus (ii) The Residual Cash Amount, equivalent to the Residual Number of Deliverable Shares multiplied by the Final Price on the Final Valuation Date, all rounded to the nearest EUR cent.

• The Company or its designated transfer agent (the “Transfer Agent”) shall effect all deliveries of Deliverable Shares required to be delivered to a Holder by issuing and delivering such Deliverable Shares to the Depository Trust Company (“DTC”) account on such Holder’s behalf via the Deposit Withdrawal Agent Commission System (“DWAC”).

More Definitions of Deliverable Shares

Deliverable Shares. Attached as Exhibit A is a list of new shareholders ("Purchasers") of the Company who will be issued shares of common stock of the Company, including shareholder name, address, and the number of deliverable shares of the Company. The date of issuance will be January 14, 2002, and the share certificates will bear the legends as described below. You have agreed to prepare the share certificates no later than 1:00 p.m., January 15, 2002, and upon our instruction to deliver the final share certificates via overnight courier to the respective Purchasers, with a copy of each certificate to: John T. McFarland Wilson Sonsini Goodrich & Rosati, X.X. 650 Page Milx Xxxx Pxxx Xxto, California 94304-1050

Deliverable Shares has the meaning set forth in Section 4.01(a).

Deliverable Shares means shares of Common Stock purchased by Seller for delivery to Buyer or for repayment of shares borrowed by Seller for delivery to Buyer.

Deliverable Shares means the aggregate number of shares of Common Stock for the 40 consecutive VWAP Trading Days during an Observation Period based on the determination of the Daily Settlement Amount pursuant to clause (ii) of the definition thereof on each such VWAP Trading Day during the Observation Period.

Deliverable Shares has the meaning specified in the definition of “Daily Settlement” amount.

Deliverable Shares means, in respect of any Noteholder and any interest amount payable on an Interest Payment Date or principal amount of the Notes redeemable on an Amortisation Payment Date or SSO Investor Price Limit Option Exercise Date, in each case which would otherwise be payable in cash, such number of Shares determined in good faith by the Calculation Agent by dividing the relevant interest amount in respect of such Notes on such Interest Payment Date or the relevant Amortised Payment Amount in respect of such Note on such Amortisation Payment Date or SSO Investor Price Limit Option Exercise Date, as applicable, by the Share Settlement Price in respect of such Interest Payment Date or Amortisation Payment Date or SSO Investor Price Limit Option Exercise Date (as applicable).

Deliverable Shares shall have the meaning set forth in Section 2(b).