Exchangeable Group definition

Exchangeable Group. Each of Exchangeable Group 1, Exchange Group 2 and Exchangeable Group 3.
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Exchangeable Group. As defined in Section 5.8(c).
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Examples of Exchangeable Group in a sentence

  • If following the end of the RR Interest Transfer Restriction Period the Exchangeable Certificates are being held in book-entry format, then the Global Certificates for one Exchangeable Group shall be exchangeable on the books of the Depository for the corresponding Global Certificates of the other Exchangeable Group, by notice to the Certificate Administrator substantially in the form of Exhibit NN.

  • If following the end of the VRR Interest Transfer Restriction Period the Exchangeable Certificates are being held in book-entry format, then the Global Certificates for one Exchangeable Group shall be exchangeable on the books of the Depository for the corresponding Global Certificates of the other Exchangeable Group, by notice to the Certificate Administrator substantially in the form of Exhibit NN.

  • In addition to setting one Post-Distribution Holiday Exchange Date per fiscal quarter as provided above, the Exchange Committee may set additional Post-Distribution Holiday Exchange Dates with respect to any outstanding Exchangeable Group Units in accordance with the Exchange Procedures, this Section 2.2(a)(iv) and Section 2.2(b)(ii); provided that participation in any such additional Post-Distribution Holiday Exchange Date shall be made available to all holders of Exchangeable Group Units.

  • If the Board of Directors of the Issuer chooses to cause the Och-Ziff Operating Group Partnerships to acquire some or all of the surrendered Exchangeable Group Units pursuant to this Section 2.1(b), the Och-Ziff Operating Group Partnerships shall give written notice thereof to such exchanging Och-Ziff Limited Partner on or before the close of business three days prior to Closing, and the number of Class A Shares to be delivered pursuant to Section 2.1(a)(ii) hereof shall be correspondingly reduced.

  • An Och-Ziff Limited Partner may exercise the right to exchange Och-Ziff Operating Group Units on any applicable Post-Distribution Holiday Exchange Date if and to the extent such Och-Ziff Operating Group Units have become Exchangeable Group Units pursuant to the terms of the Och-Ziff Operating Group Partnership Agreements.

  • The Issuer and the Och-Ziff Operating Group Partnerships hereby agree that upon any additional issuance of any units or other equity interests by the Och-Ziff Operating Group Partnerships or their subsidiaries that may be exchanged or converted into equity interests of the Issuer or Och-Ziff Corp, such units shall not be granted any exchange rights that are senior or pari passu to the exchange rights with respect to the Exchangeable Group Units hereunder.

  • The Government may not exchange: (1) any Browser Real User Monitoring licenses during any year in which it has used any pageviews of such licenses; (2) any EA Software within the Exchangeable License Group Tiers 2 or 3 if a Peak Edition license is currently in use; (3) between the SaaS and on-premises versions of any license in any Exchangeable License Group; and (4) exchange any EA Software in a specific Exchangeable License Group Tier for EA Software in any other Exchangeable Group Tier or vice-versa.

  • She will pursue this, and will also get in touch with Bennington.

  • To the extent any Och-Ziff Limited Partner does not participate up to its pro rata portion of the Maximum Participation Amount, the Exchange Committee may, in its sole discretion, permit the other Och-Ziff Limited Partners to Exchange such additional Exchangeable Group Units in the same proportions as determined above.

Related to Exchangeable Group

  • Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).

  • Exchangeable Shares means the exchangeable shares in the capital of the Company, having the rights, privileges, restrictions and conditions set forth herein;

  • Exchangeable Securities means any securities of any trust, limited partnership or corporation other than the Trust that are convertible or exchangeable directly for Units without the payment of additional consideration therefor;

  • Exchangeable Notes The Class M-2A and Class M-2B Notes.

  • exchangeable security means a security of an issuer that is exchangeable for, or carries the right of the holder to acquire, or of the issuer to cause the acquisition of, a security of another issuer;

  • Exchangeable Share Provisions means the rights, privileges, restrictions and conditions attaching to the Exchangeable Shares;

  • Exchangeable Certificates The Class A-S, Class B, Class C and Class PEX Certificates.

  • Exchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions.

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • Distribution Time means the time at which the Distribution is effective on the Distribution Date.

  • Hybrid Preferred Securities Subsidiary means any Delaware business trust (or similar entity) (i) all of the common equity interest of which is owned (either directly or indirectly through one or more wholly-owned Subsidiaries of the Company) at all times by the Company or a wholly-owned direct or indirect Subsidiary of the Company, (ii) that has been formed for the purpose of issuing Hybrid Preferred Securities and (iii) substantially all of the assets of which consist at all times solely of Junior Subordinated Debt issued by the Company or a wholly-owned direct or indirect Subsidiary of the Company (as the case may be) and payments made from time to time on such Junior Subordinated Debt.

  • Holder Group means the Holder plus any other Person with which the Holder is considered to be part of a group under Section 13 of the Exchange Act or with which the Holder otherwise files reports under Sections 13 and/or 16 of the Exchange Act. In determining the number of Equity Interests of a particular class outstanding at any point in time, the Holder may rely on the number of outstanding Equity Interests of such class as reflected in (x) the Company’s most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission, as the case may be, (y) a more recent public announcement by the Company or (z) a more recent notice by the Company or its transfer agent to the Holder setting forth the number of Equity Interests of such class then outstanding. For any reason at any time, upon written or oral request of the Holder, the Company shall, within one (1) Trading Day of such request, confirm orally and in writing to the Holder the number of Equity Interests of any class then outstanding. Anything herein to the contrary, any increase in the Beneficial Ownership Limitation will not be effective until the 61st day after such notice is delivered to the Company. The provisions of this Section 10 shall be construed, corrected and implemented in a manner so as to effectuate the intended beneficial ownership limitation herein contained.

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

  • Disqualified Stock Dividends means all dividends with respect to Disqualified Stock of the Company held by Persons other than a Wholly Owned Subsidiary. The amount of any such dividend shall be equal to the quotient of such dividend divided by the difference between one and the maximum statutory federal income tax rate (expressed as a decimal number between 1 and 0) then applicable to the Company.

  • Disqualified Partnership Any domestic entity classified as a partnership under the Code if any of its direct or indirect beneficial owners (other than through a U.S. corporation) are (or, under the applicable partnership agreement, are permitted to be) Disqualified Non-United States Tax Persons.

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

  • Hybrid Equity Securities means securities issued by Borrower or any subsidiary that (a) are classified as possessing a minimum of (i) “intermediate equity content” by S&P and (ii) “Basket C equity credit” by Moody’s and (b) do not contain any scheduled principal payments or prepayments or any mandatory redemptions or mandatory repurchases prior to the date that is at least 91 days after the latest applicable Maturity Date.

  • Derivative Partnership Interests means any options, rights, warrants, appreciation rights, tracking, profit and phantom interests and other derivative securities relating to, convertible into or exchangeable for Partnership Interests.

  • Controlled Foreign Corporation means “controlled foreign corporation” as defined in the Tax Code.

  • Hybrid Preferred Securities means any preferred securities issued by a Hybrid Preferred Securities Subsidiary, where such preferred securities have the following characteristics:

  • SpinCo Group means (a) prior to the Effective Time, SpinCo and each Person that will be a Subsidiary of SpinCo as of immediately after the Effective Time, including the Transferred Entities, even if, prior to the Effective Time, such Person is not a Subsidiary of SpinCo; and (b) on and after the Effective Time, SpinCo and each Person that is a Subsidiary of SpinCo.

  • Partnership Security means any class or series of equity interest in the Partnership (but excluding any options, rights, warrants and appreciation rights relating to an equity interest in the Partnership), including without limitation, Common Units, Subordinated Units and Incentive Distribution Rights.

  • Partnership Securities has the meaning assigned to such term in Section 4.4(a).

  • Disqualified Capital Stock means that portion of any Capital Stock which, by its terms (or by the terms of any security into which it is convertible or for which it is exchangeable at the option of the holder thereof), or upon the happening of any event (other than an event which would constitute a Change of Control), matures or is mandatorily redeemable, pursuant to a sinking fund obligation or otherwise, or is redeemable at the sole option of the holder thereof (except, in each case, upon the occurrence of a Change of Control) on or prior to the final maturity date of the Notes.

  • SpinCo Common Stock means the common stock, par value $0.01 per share, of SpinCo.

  • Converted Unrestricted Subsidiary has the meaning specified in the definition of “Consolidated EBITDA.”