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

  • 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.

  • 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.

  • The Invitation to Exchange is available only to registered holders of Eligible Bonds (i) that are not Individual Investors or (ii) that are otherwise authorised by the Government, at its sole discretion, to participate in the Invitation to Exchange.

  • 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.

  • By tendering their Eligible Bonds, Eligible Holders represent and warrant that they did not acquire such Eligible Bonds following the announcement of the amended terms of the Invitation to Exchange as part of an arrangement with the purpose of reclassifying the Holder Category under which they fall with respect to such Eligible Bonds.

  • 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.

  • FOR NEW BONDS OF THE REPUBLIC OF GHANA AS DESCRIBED BELOW (THE “NEW BONDS”) The Invitation to Exchange (as defined below) will expire at 4:00 p.m. (GMT) on 7 February 2023 (such time and date, as may be extended or earlier terminated by the Republic at its sole discretion with respect to each series of Eligible Bonds, the “Expiration Date”).

  • Further, this Exchange Memorandum is not a recommendation by the Republic or any other person, to make an Offer in respect of this Invitation to Exchange.

  • However settlement was eventually extended and happened on 21 February 2023.Only Eligible Bonds listed under “Eligible Bonds” in the Exchange Memorandum were eligible for exchange for New Bonds in the Invitation to Exchange.

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 the Registration Rights Agreement, to certain Holders of Initial Notes, to issue and deliver to such Holders, in exchange for their 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 the New York Stock Exchange and/or the Nasdaq Stock Market.

  • Private Exchange shall have the meaning set forth in Section 2.1 hereof.

  • 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 attributed thereto in Subsection 2.2(d).

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

  • Transient space marketplace means a marketplace or travel agency through which a person may offer transient accommodations to customers and through which customers may arrange for occupancies of transient accommodations. "Transient space marketplace" does not include a marketplace or travel agency that exclusively offers transient accommodations in the State owned by the owner of the marketplace or travel agency.

  • London Stock Exchange means London Stock Exchange plc;

  • Permitted Exchange means any of The New York Stock Exchange, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital 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.