Early Exchange definition

Early Exchange means any exchange of Notes pursuant to Section 14.01(a) for which the related Exchange Date (i) occurs prior to the close of business on the Business Day immediately preceding January 15, 2027, (ii) does not occur after a Redemption Notice Date (provided that this clause (ii) shall not apply with respect to an Excluded Holder) and (iii) does not occur during a Make-Whole Fundamental Change Period. For the avoidance of doubt, no Mandatory Exchange will constitute an Early Exchange.
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Early Exchange means the exchange of all Outstanding Notes as the result of an Acceleration Event or a Merger Early Full Exchange.
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Early Exchange means any exchange of Notes pursuant to Section 14.01(a) for which the related Exchange Date (i) occurs prior to the close of business on the Business Day immediately preceding January 15, 2027, (ii) does not occur after a Redemption Notice Date (provided that this clause
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Examples of Early Exchange in a sentence

  • For the avoidance of doubt, the provisions of Section 9(i)(i) of this Confirmation shall apply to any Early Exchange, and no Settlement Averaging Period will apply to such Early Exchange.

  • If the Company defers quarterly payments of the Interest Rate, the Contingent Principal Amount per ▇▇▇▇ shall be increased by the amount of the deferred quarterly payments of the Interest Rate, plus accrued interest thereon at an annual rate of 2.309%, compounded quarterly, and the Early Exchange Ratio shall increase to 100% from the date the Company notifies the Trustee of its decision to defer quarterly payments of the Interest Rate.

  • Until such demand by the Indenture Trustee, the Issuer may pay the Exchange Property, Cash Exchange Amount, if applicable, Merger Early Exchange Cash Amount and Merger Early Exchange Additional Cash Amounts, if applicable, and Coupon Payments on the Notes to the registered holders, whether or not the Notes are overdue.

  • Settlement: If the parties elect Early Exchange Cash Settlement, the Calculation Agent shall determine the Early Exchange Cash Settlement Amount payable by [Dealer] or Counterparty.

  • The Issuer shall deliver, on the Maturity Date, in exchange for each $50 Principal Amount of the Outstanding Notes as of the Maturity Date, a number of DSW Class A Common Shares (subject to Section 3.03, Section 3.06 and Article 4) equal to the Exchange Ratio unless, prior to or on the Maturity Date, there shall have occurred an Early Exchange.

  • Early Exchange Cash Settlement Amount: The amount that would be payable by a party in accordance with the terms of Section 6(e) of the Agreement with respect to the termination of this Transaction, assuming (i) the Floating Rate Payer Calculation Amount and the Fixed Rate Payer Calculation Amount were equal to the Early Exchange Amount; (ii) Counterparty is the sole Affected Party; and (iii) Market Quotation and Second Method are applicable.

  • Thereafter, provided the Company is current on all quarterly payments of the Interest Rate, the Early Exchange Ratio shall decrease to 95%.

  • For the avoidance of doubt, if the relevant Exchange Date for any Exchangeable Notes occurs prior to the Free Exchangeability Date, no Options shall be subject to exercise in connection with such Early Exchange, and such exchange shall be subject to the provisions set forth in Section 9(j)(i).

  • Counterparty may, in its sole and absolute discretion, on any Business Day, exchange this Transaction in whole or in part (each such date, the “Early Exchange Date”) by providing written notice to [Dealer] at least three Business Days prior to the Early Exchange Date.

  • The Early Exchange Cash Settlement Amount shall be paid by [Dealer] or Counterparty (as applicable) no later than three Business Days after the Early Exchange Date.