Examples of Optional Exchange Notice Date in a sentence
The consideration for the Tranche A Notes called for Optional Exchange shall consists of the type and amount of consideration identical to the Conversion Consideration due in respect of the Tranche A Notes, if the Tranche A Notes were to be converted on a Conversion Date that falls on the Optional Exchange Notice Date, and Physical Settlement applies to such conversion, as determined pursuant to Section 5.03(B), subject to the other terms of Article 5 as applicable (the “Optional Exchange Consideration”).
The Optional Exchange Date will be a Business Day of the Company’s choosing that is no less than five (5) Scheduled Trading Days and no more than eight (8) Scheduled Trading Days after the Optional Exchange Notice Date for the Optional Exchange.