Optional Exchange Right definition

Optional Exchange Right means the right (but not the obligation) of the holder thereof to require that the Trustee redeem all or a specified portion of the outstanding Certificates on any Business Day, all in accordance with Section 8 hereof.
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Optional Exchange Right means the right of the Holder to exchange any Security, in whole but not in part, for the Cash Amount 2 in accordance with Product Condition 3;
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Optional Exchange Right has the meaning set forth in Section 11.05(a).
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Examples of Optional Exchange Right in a sentence

  • Subject to the Optional Exchange Right, and unless previously exchanged, redeemed or purchased and cancelled and subject as provided by the Conditions, each Security will be redeemed in respect of each Nominal Amount at the Cash Amount 1 such redemption to occur, subject as provided below, on the Settlement Date.

  • She asked a few students to be role models, using the language focus to present their essays, and assigned all to write a one-page essay stating the best place for them, using the language focus they had studied.

  • Provide a list of equipment currently housed at your facility that illustrates fully automated inline offset production capabilities for double-sided, 4+-color printing, folding, stitching and trimming.

  • Subject to an Issuer Call (if applicable), the Holder is entitled to exercise the Optional Exchange Right on any Business Day during the Exchange Period by giving at least the Optional Exchange Right Notice Period notice and by delivery of a valid Notice by the Exchange Time in accordance with Product Condition 3(h) at the specified office of any Agent.

  • Any Notice to exercise the Optional Exchange Right delivered after 12.00pm (noon) (CET) in the place of receipt on any Trading Day during the Exchange Period or on a day which is not a Trading Day, will be deemed exercised on the following Trading Day during the Exchange Period.

  • COP-13 formally established a household waste partnership in 2017.35 The partnership’s workplan for 2018-2019 includes developing a guidance document on the environmentally sound management of household waste.

  • The Holder is entitled to exercise the Optional Exchange Right prior to the Valuation Date, by giving five (5) Trading Days notice before 12.00am (noon) (CET) on any Trading Day, by delivery of a valid Notice at the specified office of the Agents (provided that such Notice is received by the Issuer, at least five (5) Trading Days prior to the Valuation Date).

  • Any Notice to exercise the Optional Exchange Right delivered after the Exchange Time in the place of receipt on any Trading Day during the Exchange Period or on a day which is not a Trading Day will be deemed exercised on the following Trading Day during the Exchange Period.

  • However, the holder may, in alternative, prior to the Expiration Date exercise it’s Optional Exchange Right and exchange his Security for Cash Amount 2.

  • Subject to the Optional Exchange Right (as defined below), and unless previously exchanged, redeemed or purchased and cancelled and subject as provided by the General Conditions and Product Conditions, each Security will be redeemed in respect of each Nominal Amount at the Cash Amount 1.Optional Exchange Right The right of the Holder to exchange any Security, in wholebut not in part, for the Cash Amount 2 (as defined below) in accordance with Product Conditions.


More Definitions of Optional Exchange Right

Optional Exchange Right has the meaning given to that term in Section 2.1;
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Related to Optional Exchange Right

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

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Exchange Right has the meaning ascribed thereto in Section 5.1;

  • Exchange Rights means any rights granted to limited partners of Simon Property Group, L.P., a Delaware limited partnership (including pursuant to an Exchange Rights Agreement) to exchange (subject to the Ownership Limit) limited partnership interests in such Partnership for shares of Capital Stock or cash at the option of the Corporation.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

  • Conversion Option means the Company’s option to convert some or all of the Series D Preferred Stock into that number of shares of Common Stock that are issuable at the then-applicable conversion rate as described in Section 8(c) of these Articles Supplementary.

  • Automatic Exchange Rights means the benefit of the obligation of Parent to effect the automatic exchange of Parent Common Shares for Exchangeable Shares pursuant to Section 5.13.

  • Conversion Right has the meaning set forth in Section 4.05(a) hereof.

  • Put Notice Date means the Trading Day, as set forth below, immediately following the day on which the Investor receives a Put Notice, however a Put Notice shall be deemed delivered on (a) the Trading Day it is received by facsimile or email by the Investor if such notice is received prior to noon Eastern Time, or (b) the immediately succeeding Trading Day if it is received by facsimile or otherwise after noon Eastern Time on a Trading Day. No Put Notice may be deemed delivered on a day that is not a Trading Day.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Optional Conversion means the conversion of any Convertible Preferred Stock other than a Mandatory Conversion.

  • Issuance Notice Date means any Trading Day during the Agency Period that an Issuance Notice is delivered pursuant to Section 3(b)(i).

  • Put Option Event means a Change of Control Event.

  • Related Futures or Options Exchange for the Index means an 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 Index.

  • Put Right has the meaning set forth in Section 8.05(a).

  • Conversion Rights means exchange of, or the rights to exchange, the Principal Amount of the Loan, or any part thereof, for fully paid and nonassessable Common Stock on the terms and conditions provided in the Debentures.

  • Forced Conversion Notice Date shall have the meaning set forth in Section 6(d).

  • Put Option means an exchange traded option with respect to Securities other than Stock Index Options, Futures Contracts, and Futures Contract Options entitling the holder, upon timely exercise and tender of the specified underlying Securities, to sell such Securities to the writer thereof for the exercise price.

  • Call Option Date As defined in Section 10.01(a) hereof.

  • Optional Redemption Notice Date shall have the meaning set forth in Section 6(a).

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • National Exchange means the Nasdaq National Market or any other national exchange on which the Common Stock of the Corporation is listed.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).