Exchange Procedure definition

Exchange Procedure shall have the meaning as set forth in the introductory clause of Article 63, Paragraph 5 hereof.
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Exchange Procedure has the meaning specified in Section 3.4.
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Exchange Procedure means the procedure for exchanging Participating Preferred Shares into Shares or cash set forth in Article 2.
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Examples of Exchange Procedure in a sentence

  • Data Exchange Procedure Interchange of TAP records shall be performed by Electronic Data Interchange (EDI).

  • The use of the fallback procedure does not change the liability as defined under Data Exchange Procedure above.

  • Addresses for sending the billing files according to the fallback procedure as well as Delivery Notes and Contact Points for enquiries and complaints are defined in Annex I.3.2. The use of the fallback procedure does not change the liability as defined under Data Exchange Procedure above.

  • Mutual Exchange Procedure (appendix 5) APPLICATION, SELECTION AND NOMINATION PROCEDURE Applicants will be required to apply for housing online.

  • General policy regarding employment assistance to persons of Indian origin coming from various countries; (Employment Exchange Procedure); 3.

  • See the Transfer and Mutual Exchange Procedure and Succession and Assignment Procedure for more details.

  • Mutual Exchange Procedure (appendix 5) SELECTION AND NOMINATION PROCEDURE When a council property becomes available for let, the applicant to be offered the property will be selected taking account of: - • the top priority applicant• a management transfer When selecting applicants for specially adapted properties, consideration will be given to the recommendations of the Housing Occupational Therapist or other health professional.

  • Basic provisions of this Article have been implemented in Cabinet of Ministers “Regulations on the Procedure governing Activities involving Nuclear Materials, Related Materials and Equipment”, regulations “Requirements for the Practices with Radioactive Waste and Related Materials” as well as “Regulations on General Principles of Exchange Procedure of Different Radioactive Waste”, requiring, in general, agreement of the state of destination and – in case of the spent fuel – agreement with IAEA.

  • To enable automated ADP processing, ADP should be sent by the Initiating ATFMU as a PDF file attached to an E-Mail with the following specifications: - Subject: ADP_[FIR Name]_[Effective Date, yyyymmdd]_[Version number]- File Name: ADP_[FIR Name]_Effective Date, yyyymmdd]_[Version number]- Example: ADP_VTBB_20181207_1 Note that this ADP exchange procedure is the basis for the Asia/Pacific ATFM Daily Plan (ADP) Exchange Procedure (Working Draft, 2020).

  • Concurrently with the Effective Time, the Company shall provide to the Paying Agent the amount of cash required to pay the aggregate Merger Consideration (such cash being hereinafter referred to as the “Exchange Fund”).(b) Exchange Procedure.

Related to Exchange Procedure

  • Exchange Program means a program under which (i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is reduced or increased. The Administrator will determine the terms and conditions of any Exchange Program in its sole discretion.

  • Exchange Provision At any time after the date an Acquiring Person obtains 15% or more of the Company's Common Stock and prior to the acquisition by the Acquiring Person of 60% of the outstanding Common Stock, the Company's Board of Directors may exchange the Rights (other than Rights owned by the Acquiring Person or its affiliates), in whole or in part, for shares of Common Stock of the Company at an exchange ratio of one share of Common Stock per Right (subject to adjustment). However, if a majority of the Company's Board of Directors is elected by shareholder action by written consent, then for a period of 180 days following such election the Rights cannot be exchanged if such exchange is reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by a person or entity who proposed, nominated or supported a director of the Company so elected by written consent (an "INTERESTED PERSON"). REDEMPTION OF Rights will be redeemable at the Company's THE RIGHTS: option for $0.01 per Right at any time on or prior to public announcement that a Person has acquired beneficial ownership of 15% or more of the Company's Common Stock (the "SHARES ACQUISITION DATE"). However, if a majority of the Company's Board of Directors is elected by shareholder action by written consent, then for a period of 180 days following such election the Rights cannot be redeemed if such redemption is reasonably likely to have the purpose or effect of facilitating an acquisition of the Company by an Interested Person. EXPIRATION OF The Rights expire on the earliest of (a) August THE RIGHTS: 14, 2011, or (b) exchange or redemption of the Rights as described above. AMENDMENT OF The terms of the Rights and the Rights TERMS OF RIGHTS: Agreement may be amended in any respect without the consent of the Rights holders on or prior to the Distribution Date; thereafter, the terms of the Rights and the Rights Agreement may be amended without the consent of the Rights holders in order to cure any ambiguities or to make changes which do not adversely affect the interests of Rights holders (other than the Acquiring Person). However, if a majority of the Company's Board of Directors is elected by shareholder action by written consent, then for a period of 180 days following such election the Rights Agreement cannot be

  • Option Exchange Program means a program whereby outstanding Options are surrendered in exchange for Options with a lower exercise price.

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

  • Exchange Property has the meaning set forth in Section 11(a).

  • Change Proposal means a proposal (in the standard form) for any alteration of, or addition to, or omission from, the Contractor’s Brief or any change in the design, quality or quantity of the Works put forward by the Contractor or the Commercial Officer;

  • exchange policy means Exchange Policy 4.6 - Public Offering by Short Form Offering Document and Exchange Form 4H - Short Form Offering Document, of the TSX Venture Exchange as amended from time to time;

  • Initial Exercise Price shall have the meaning set forth in Section 2.4.1.

  • Replacement Option means an Option that is granted when a Participant uses a Common Share held or to be acquired by the Participant to exercise an Option and/or to satisfy tax withholding requirements incident to the exercise of an Option.

  • Replacement Award means an Award granted in assumption of, or in substitution for, an outstanding award previously granted by a company or business acquired by the Company or with which the Company, directly or indirectly, combines.

  • Adjustment Shares shall have the meaning set forth in Section 11(a)(ii) hereof.

  • Book Entry Only Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Currency Exchange Protection Agreement means, in respect of a Person, any foreign exchange contract, currency swap agreement, currency option or other similar agreement or arrangement designed to protect such Person against fluctuations in currency exchange rates.

  • Exercise Price means the initial exercise price or the adjusted exercise price, depending on the context.

  • Alternate Transaction shall have the meaning assigned to such term in Section 6.7(iii) hereof.

  • Restricted Unit means a Unit granted under the Plan that is subject to a Restricted Period.

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Book Entry Warrants means Warrants that are to be held only by or on behalf of the Depository;

  • Warrant Exercise Price means $0.01 per share.

  • Replacement Options has the meaning ascribed thereto in Section 1.1 of the Plan of Arrangement;

  • Settlement Cycle means the period of Clearance System Business Days following a transaction on the Relevant Exchange in the Underlying, during which period settlement will customarily take place according to the rules of such Relevant Exchange.

  • Company Conversion Price means, as of any date of determination, the price which shall be the lower of (i) the applicable Conversion Price and (ii) that price computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days ending on the Trading Day immediately preceding the applicable Company Redemption Date (each a “Company Conversion Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock during such Company Conversion Measuring Period.

  • Qualifying Preferred Stock means non-cumulative perpetual preferred stock of the Corporation that (a) ranks pari passu with or junior to all other preferred stock of the Corporation, and (b) either (x) is subject to a Qualifying Replacement Capital Covenant or (y) is subject to Intent-Based Replacement Disclosure and has a provision that prohibits the Corporation from paying any dividends thereon upon its failure to satisfy one or more financial tests set forth therein, and (c) as to which the transaction documents provide for no remedies as a consequence of non-payment of dividends other than Permitted Remedies.

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

  • Extraordinary Transaction means any action that is not in the Ordinary Course of Business, but shall not include any action described in the Separation Agreement or any Ancillary Agreement or that is undertaken pursuant to the Contribution or the Distribution.