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Invitation to Exchange definition

Invitation to Exchange means the invitation made by the Republic to Eligible Holders to offer to exchange their holdings of Eligible Bonds for New Bonds subject to the terms and conditions set out in this Exchange Memorandum generally.
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Examples of Invitation to Exchange in a sentence

  • Those instructed amounts on the relevant securities accounts will be blocked until the earliest of the Settlement Date and the termination of the Invitation to Exchange.

  • During the duration of the Invitation to Exchange, on each business day CSD Direct Participants (the Depository Participants) are required to forward to the CSD the collated file containing the information on each Offer or Exchange Instruction received from each holder of Eligible Bonds that expressed interest to participate in the Invitation to Exchange on or before 4:00 p.m. (GMT) using the sFTP folder.

  • Exchange Procedures for Eligible HoldersEligible Holders interested in participating in the Invitation to Exchange are invited to send an Offer or Exchange Instruction to their respective CSD Direct Participant (the Depository Participant), in the form and via the channels agreed and customary between them.

  • In order to address these concerns, the Government has decided to proceed with paying accrued interest up to 24 January 2023 to all Eligible Holders participating in the Invitation to Exchange, in a capitalized form.

  • TRANSACTION TIMETABLEThe following summarizes the anticipated time schedule for the Invitation to Exchange, assuming, among other things, that we do not extend the Expiration Date or terminate Invitation to Exchange early.

  • Following Employee’s separation date, Employee agrees that he or she will not (a) engage in any action or activity that disparages or criticizes the County or its management or practices or which disrupts or impairs its normal operations or harms the reputation of the County with its employees or the public, or (b) interfere with existing County contractual relationships with employees or other entities.

  • Any Exchange Bonds to be issued to any Eligible Holder in the Invitation to Exchange will be issued in a minimum principal amount of GHS1.00 and integral multiples of GHS1.00 thereof.

  • Terms and conditions of Invitation to Exchange The Invitation to Exchange is made subject to the terms and conditions set out in this section and this Exchange Memorandum generally.All Eligible Holders submitting Offers will be deemed to have accepted the terms and conditions of this Invitation to Exchange that are set out in this section and this Exchange Memorandum generally.

  • The Government shall also issue the New Bonds to such Eligible Holders by way of credit to their respective CSD accounts.TERMS AND CONDITIONS OF THE OFFER TO EXCHANGE General The Republic, acting through its Ministry of Finance, invites Eligible Holders (as defined below) holding Eligible Bonds to voluntarily submit Offers to exchange Eligible Bonds for New Bonds in this Invitation to Exchange on the terms and conditions set out in this section and in this Exchange Memorandum generally.

  • For purposes of the Invitation to Exchange, a natural person is a natural person who, in respect of the Eligible Bonds being tendered by such person, is registered as such (or with an equivalent term) in the records of the CSD.

Related to Invitation to Exchange

  • Invitation to Bid (ITB) means a Solicitation Document for the solicitation of competitive, Written, signed and sealed Bids in which Specifications, price, and delivery (or project completion) are the predominant award criteria.

  • Invitation to Negotiate means a written solicitation for competitive sealed replies to select one or more vendors with which to commence negotiations for the procurement of commodities or services.

  • Invitation to Tender or "ITT" means the Invitation to Tender issued by the Authority on 14/11/2012;

  • Registered Exchange Offer means the offer by the Company, pursuant to a Registration Rights Agreement, to certain Holders of Initial Notes, to issue and deliver to such Holders, in exchange for the Initial Notes, a like aggregate principal amount of Exchange Notes registered under the Securities Act.

  • Like-Kind Exchange means a section 1031 exchange that is subject to 26 U.S.C. sec. 1031.

  • Related Exchange(s) means each exchange or quotation system (as the Determination Agent may select) where trading has a material effect (as determined by the Determination Agent) on the overall market for futures or options contracts relating to the Share or, in any such case, any transferee or successor exchange of such exchange or quotation system.

  • Designated Exchange means any of The New York Stock Exchange, The NASDAQ Global Select Market, The NASDAQ Global Market, or any successor to any of the foregoing.

  • Related Exchange means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the FTSE 100, including any transferee or successor to any such exchange or quotation system or any substitute exchange or quotation system to which trading in futures or options contracts relating to the FTSE 100 has temporarily relocated (provided that the Calculation Agent has determined that there is comparable liquidity relative to

  • Invitation means this document inviting persons to lodge an Offer

  • Approved Exchange means a stock exchange that has rules which safeguard the interests of shareholders against interested person transactions according to similar principles to Chapter 9 of the Listing Manual;

  • Private Exchange means the offer by the Company, pursuant to a Registration Rights Agreement, to the Initial Purchasers to issue and deliver to each Initial Purchaser, in exchange for the Initial Securities held by the Initial Purchaser as part of its initial distribution, a like aggregate principal amount of Private Exchange Securities.

  • Lowest floor means the lowest floor of the lowest enclosed area (including basement). An unfinished or flood resistant enclosure, usable solely for parking of vehicles, building access, or limited storage in an area other than a basement area is not considered a building's lowest floor, provided that such an enclosure is not built so as to render the structure in violation of the applicable non-elevation design requirements of this ordinance.

  • Request Notice has the meaning set forth in Section 3.02(a).

  • Free Exchange means an exchange of a Commission Share of one Fund for a Commission Share of another Fund under circumstances where the CDSC which would have been payable in respect of a redemption of the exchanged Commission Share on the date of such exchange is waived and the Commission Share issued in such exchange is treated as a continuation of the investment in the Commission Share exchanged for purposes of determining the CDSC payable if such Commission Share issued in the exchange is thereafter redeemed.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Election to Exercise shall have the meaning ascribed thereto in Clause 2.2(d)(ii);

  • SOFR Floor means a rate of interest per annum equal to zero basis points (0.00%).

  • London Stock Exchange means London Stock Exchange plc;

  • Trading Session means the period of time during any given calendar day, commencing with the determination of the opening price on the Applicable Exchange and ending on the determination of the closing price on the Applicable Exchange during the regular trading session, in which trading in UTC Shares, Carrier Shares or Otis Shares (as applicable) is permitted on the Applicable Exchange.

  • Permitted Exchange means any of The New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or any of their respective successors).

  • Normal Market Size for CFD trading shall mean the maximum number of units of the Underlying Asset that are transmitted by the Company for execution.

  • Trading means and includes subscribing, buying, selling, dealing, or agreeing to subscribe, buy, sell, deal in any securities, and "trade" shall be construed accordingly.

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • Notice of Election to Purchase has the meaning assigned to such term in Section 15.1(b).

  • the London Stock Exchange means London Stock Exchange plc;

  • Notice of Proposal to Negotiate has the meaning set forth in Section 10(c) hereof.

Most Referenced Clauses

Most Referenced Definitions