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 security means a security of an issuer that is exchangeable for, or carries the right of the holder to purchase, or of the parent issuer to cause the purchase of, an underlying security;
exchangeable security or “Exchangeable Securities” means a unit or units, a share or shares or other security or securities issued by the Trust or an affiliate of the Trust and which are convertible into or exchangeable for Trust Units or other Exchangeable Securities without the payment of additional consideration therefor.
Examples of exchangeable security in a sentence
The exchange ratio shall be that number of Issuer Securities for which a Subject Security is exchangeable and shall be one for one subject to the terms of the applicable Exchangeable Security (the “Exchange Ratio”) as set out in Article 5 of Schedule 2 and Article 5 of Schedule 3 of the EIPLP Limited Partnership Agreement, subsection 2(h) or subsection 3(h) of Schedule F of the ECT Trust Indenture or subsection 3.1(b)(vii) of the Fund Trust Indenture, as applicable.
All Exchangeable Securities shall be deemed to be exchanged for a value per Exchangeable Security equal to the “Exchange Right Net Asset Value” pursuant to the terms of the applicable Exchangeable Security as set out in Section 6.4 of Schedule 2 of the EIPLP Limited Partnership Agreement, subsection 2(k) or subsection 3(k) of Schedule F of the ECT Trust Indenture or subsection 3.1(b)(ix) of the Fund Trust Indenture, as applicable.
More Definitions of exchangeable security
exchangeable security or “Exchangeable Securities” means a unit or units, a share or shares or other security or securities which are convertible into or exchangeable for Unit(s) (directly or indirectly) without the payment by the holder of additional consideration therefor, whether or not issued by the Trust;
exchangeable security means a security of any type, including but not limited to debt, equity, warrants or other rights, issued by TMR or representing the right to acquire Voting Shares from TMR upon exchange, conversion or exercise thereof.
exchangeable security means a unit, share or other security, whether or not issued by the Trust, which is convertible into, exchangeable for, or carries the right of the holder to purchase or otherwise acquire (or of the issuer of such security to cause the purchase or acquisition of) Trust Unit(s) or unit(s), share(s) or other security(ies), whether or not issued by the Trust, which are convertible into, exchangeable for, or carry the right of the holder to purchase or otherwise acquire (or of the issuer of such security to cause the purchase or acquisition of) Trust Unit(s);
exchangeable security means a unit, share or other security, whether or not issued by the Fund, which is convertible into, exchangeable for, or carries the right of the holder to purchase or otherwise acquire (or of the issuer of such security to cause the purchase or acquisition of) Unit(s) or unit(s), share(s) or other security(ies), whether or not issued by the Fund, which are convertible into, exchangeable for, or carry the right of the holder to purchase or otherwise acquire (or of the issuer of such security to cause the purchase or acquisition of) Unit(s), including the ECT Preferred Units;
exchangeable security means a security of an issuer that is exchangeable for, or carries the right of the holder to purchase, or of the parent issuer to cause the purchase of, an underlying security; “exchangeable security issuer” means a person or company that has issued an exchangeable security; “parent issuer”, when used in relation to an exchangeable security issuer, means the person or company that issues the underlying security; and “underlying security” means a security of a parent issuer issued or transferred, or to be issued or transferred, on the exchange of an exchangeable security.
exchangeable security means a security of any type, including but not limited to debt, equity, warrants or other rights, issued by DEH and which includes or represents the right to acquire Voting Shares from DEH upon exchange, conversion or exercise thereof;
exchangeable security means a security of any type, including but not limited to debt, equity, warrants or other rights, issued by Kerr-XxXxx xx any time after the second anniversary of this Agreement and which includes or represents the right to acquire Voting Shares from Kerr-XxXxx xxxn exchange, conversion or exercise thereof. (p) "Fully Diluted Shares" shall mean, at any time, the sum of (i) the Voting Shares then outstanding plus (ii) the number of Voting Shares reserved for issuance or issuable in connection with the exercise, exchange or conversion of employee stock options or securities of Devon then outstanding which are exercisable or exchangeable for Voting Shares or are convertible into Voting Shares. (q) "Merger Agreement" shall mean the Agreement and Plan of Merger dated October , 1990 xxxxx Xxxxx, Xxxxx Xxxrgy Corporation (Nevada), Kerr-XxXxx, Xxrr-XxXxx Xxxahoma Corporation and Kerr-XxXxx Xxx, Inc. (r) "Person" shall mean any individual, firm, partnership, association, group (as such term is defined in Section 13(d)(3) of the Exchange Act, as in effect on the date hereof), corporation, trust, business trust or other entity and includes any successor (by merger or otherwise) of any such entity. (s) "Public Offering" shall mean a firm commitment underwritten public offering pursuant to a registration statement which has been declared effective by the SEC under the Securities Act. (t) "Qualified Tender Offer" shall mean a tender or exchange offer for Voting Shares (i) that is for more than 50% of the then outstanding Voting Shares, (ii) that is for a price per Voting Share at least 10% greater than the average of the Current Market Prices of the Voting Shares determined for each of the 10 consecutive trading days ending on the last full trading day prior to the date of the public announcement of such tender or exchange offer, (iii) the Tender Offer Statement on Schedule 14D-1 filed by the Person making such tender or exchange offer for which discloses that such Person has available to it, or will have available to it upon consummation of such tender or exchange offer, the consideration to be paid or exchanged in such tender or exchange offer for the Voting Shares tendered therein, and (iv) in the case of an exchange offer, (A) in which the Person making such exchange offer has, as of the date of commencement of such exchange offer, an Equity Market Capitalization equal to or greater than the Equity Market Capitalization of Devon, or (B) if the Equity Market Capital...