Excess ADSs definition

Excess ADSs has the meaning set forth in Section 3(d).
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Excess ADSs has the meaning given to it in clause 1.11;
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Excess ADSs and "EXCESS SHARES", respectively). The sale of the Excess ADSs and the Excess Shares by the Escrow Agent shall be executed on the New York Stock Exchange, Inc. (the "NYSE") and the Frankfurt Stock Exchange (the "FSE"), respectively, through one or more member firms of the NYSE or the FSE, as the case may be, and shall be executed in round lots to the extent practicable. Until the
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Examples of Excess ADSs in a sentence

  • All commissions, fees, transfer taxes and other out-of-pocket transaction costs, including the expenses and compensation of the Exchange Agent, incurred in connection with the sale of the Excess ADSs shall be paid by Parent and the Surviving Corporation.

  • In such event, all references in this Agreement to the net proceeds from the sale of the Excess ADSs and similar references shall be deemed to refer to the payments calculated in the manner set forth in this Section 2.3(f)(ii).

  • The sale of the Excess ADSs shall be (A) executed on The NASDAQ Stock Market and (B) made at such times, in such manner and on such terms as the Exchange Agent shall determine in its reasonable discretion.

  • Upon receipt of such notice, Borrower shall, as soon as practicable and in any event no later than the date thirty-five (35) Trading Days following the date on which Borrower receives such written notice, deliver the Excess ADSs to Lender.

  • The sale of the Excess ADSs shall be (A) executed on NASDAQ and (B) shall be executed in round lots to the extent practicable and otherwise, and made at such times, in such manner and on such terms as the Exchange Agent shall determine in its reasonable discretion.

  • The sale of the Excess ADSs by the Exchange Agent shall be executed on the NYSE and shall be made at such times, in such manner and on such terms as the Exchange Agent shall determine in its reasonable discretion.

  • All commissions, fees, transfer taxes and other out-of-pocket transaction costs, including the expenses and compensation of the Exchange Agent, incurred in connection with the sale of the Excess ADSs shall be paid by Parent and the Surviving Company.

  • In lieu of delivery of the Excess ADSs, the Parent shall deliver a fully paid convertible instrument on the Exchange Date (the “Convertible Instrument”) on terms and conditions satisfactory to the Holder providing for the right to receive, for no consideration other than exchange or conversion of such convertible instrument, fully paid ADSs that are Freely Tradable (as defined below) on Nasdaq in equal number to the Excess ADSs (the “Convertible Instrument ADSs”).

  • The sale of the Excess ADSs by the Exchange Agent shall be executed on the National Association of Securities Dealers Automated Quotations National Market System ("NASDAQ/NMS") through one or more market makers in the ADSs and shall be executed in round lots to the extent practicable.

  • In such event, all references in this Agreement to the net proceeds from the sale of the Excess ADSs and similar references shall be deemed to refer to the payments calculated in the manner set forth in this Section ‎2.2(e)(iii).


More Definitions of Excess ADSs

Excess ADSs has the meaning set forth in Error! Reference source not found..
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Excess ADSs has the meaning set forth in Section ‎2.2(e).
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Excess ADSs has the meaning specified in Section 4.03(h) hereof.
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Related to Excess ADSs

  • Excess Additional Book Basis has the meaning given such term in the definition of “Additional Book Basis Derivative Items.”

  • Excess Loss Account has the meaning set forth in Reg. Section 1.1502-19.

  • Excess Collateral Amount means, at any time, the excess of (a) the sum of (i) the Collateral Amount, and (ii) the Principal Accumulation Account Balance, over (b) the Note Principal Balance.

  • Excess Amounts means, as of any Payment Date, the amount remaining in the 2016-A SUBI Collection Account after the distributions provided for in clause (iii) of Section 8.04(a) of the Indenture have been made.

  • Reserve Account Excess Amount means, with respect to any Payment Date, an amount equal to the excess, if any, of (a) the amount of cash or other immediately available funds in the Reserve Account (excluding any net investment earnings) on that Payment Date, after giving effect to all deposits to and withdrawals from the Reserve Account on such Payment Date, over (b) the Specified Reserve Account Balance with respect to such Payment Date.