Examples of Exchangeable Notes in a sentence
In the event that Exchangeable Notes have been exchanged for MAC Notes (or such MAC Notes have been further exchanged for other MAC Notes pursuant to Combination 2, 3, 4 or 5), Holders of such MAC Notes will be entitled to exercise all the voting or direction rights that are allocated to such exchanged Exchangeable Notes as described herein.
Exchanges of Exchangeable Notes for RCR Notes, and vice versa, may occur repeatedly.
The specific Classes of Exchangeable Notes and RCR Notes that are outstanding at any given time, and the outstanding Class Principal Balances or Class Notional Amounts of those Classes, will depend on payments on or write-ups or write-downs of those Classes and any exchanges that have occurred.
RCR Notes receive interest payments from their related Exchangeable Notes at their applicable Class Coupons.
The Noteholder will utilize the "Deposit and Withdrawal System" at DTC to exchange the Exchangeable Notes and/or RCR Notes.