Loan Note Alternative means an alternative to a cash offer represented by loan notes “LSE” means the London Stock Exchange
Loan Note Alternative means the option made available to Holders of Target Shares, subject to the terms and conditions set out in the Scheme Document, to elect to receive Loan Notes in place of the cash consideration otherwise payable.
Loan Note Alternative the option whereby Charter Shareholders (other than certain Overseas Shareholders) may elect to receive Loan Notes instead of some or all of the cash consideration to which they would otherwise be entitled under the Acquisition
Examples of Loan Note Alternative in a sentence
The Loan Note Alternative will be conditional upon the Offer becoming or being declared unconditional in all respects.
Subject as aforesaid, the Loan Note Alternative will remain open for acceptance for so long as the Offer remains open for acceptance.
If insufficient elections are received, Innogy Shareholders electing for the Loan Note Alternative will instead receive cash in accordance with the terms of the Offer.
The Loan Note Alternative will not be made available to participants in the Charles Stanley Share Schemes as part of these proposals.
Further detail in relation to the Loan Note Alternative is set out in Section 11 below.
More Definitions of Loan Note Alternative
Loan Note Alternative means the option of an ERA Shareholder to receive Loan
Loan Note Alternative means the alternative whereby Charles Stanley Shareholders (other than Charles Stanley Shareholders
Loan Note Alternative means the option made available to holders of Target Shares in the Offer Document to elect to receive loan notes of Bidco in place of the cash consideration otherwise payable;
Loan Note Alternative means the alternative whereby Iris shareholders entitled to participate in the Acquisition (other than Restricted Overseas Persons) may elect, subject to certain limitations and conditions, to receive Loan Notes on the basis of £1.00 nominal of Loan Notes for each £1.00 of cash consideration for all or part of the cash consideration to which they would otherwise be entitled pursuant to the terms of the Acquisition;
Loan Note Alternative means the alternative whereby Charles Stanley Shareholders (other than Charles Stanley Shareholders resident or located in a Restricted Jurisdiction) may elect to receive Loan Notes in lieu of part or all of the cash consideration to which they would otherwise be entitled under the Acquisition;
Loan Note Alternative means the option of an ERA Shareholder to receive Loan Notes in respect of some or all of their Shares under the Share Offer, redeemable in the manner set out in the section headed “The Share Offer and the Option Offer – Consideration for the Share Offer – the Loan Note Alternative” of the letter from Citigroup in this Composite Document;
Loan Note Alternative the alternative to the Cash Offer being the exchange of Xpediator Shares for Loan Notes in lieu of part or all of the cash consideration to which Scheme Shareholders would otherwise be entitled under the Cash Offer, as detailed in paragraph 10 of this Announcement;