RATIO OF EXCHANGE definition

RATIO OF EXCHANGE shall have the meaning set forth in Section 24(a).
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RATIO OF EXCHANGE shall have the meaning set forth in Section 24(a) of this Agreement.
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RATIO OF EXCHANGE shall have the meaning set forth in Section 24(a). (x) "Record Date" shall have the meaning set forth in the WHEREAS clause at the beginning of this Agreement. (y) "Redemption Price" shall have the meaning set forth in Section 23(a). (z) "Rights" shall have the meaning set forth in the WHEREAS clause at the beginning of this Agreement. (aa) "Rights Certificates" shall have the meaning set forth in Section 3(a). (bb) "Rights Dividend Declaration Date" shall have the meaning set forth in the WHEREAS clause at the beginning of this Agreement. (cc) "Section 11(a)(ii) Event" shall mean any event described in Section 11(a)(ii). (dd) "Section 11(a)(ii) Trigger Date" shall have the meaning set forth in Section 11(a)(iii). (ee) "Section 13 Event" shall mean any event described in clause (x), (y) or (z) of Section 13(a). (ff) "Special Vote" shall mean an action of the Company's Board of Directors that is taken (and can only be taken) at a time when there are two or more Continuing Directors, and that is approved by both (i) a majority of the Continuing Directors, and (ii) a majority of the entire Board of Directors, including the Continuing Directors. (gg) "Spread" shall have the meaning set forth in Section 11(a)(iii). (hh) "Stock Acquisition Date" shall mean the first date of public announcement (which, for purposes of this definition, shall include, without limitation, a report properly filed pursuant to Section 13(d) under the Exchange Act) by the Company or an Acquiring Person that an Acquiring Person has become such or such earlier date as a majority of the directors shall become aware of the existence of an Acquiring Person; provided, however, that if such Person is thereafter determined not to have become an Acquiring Person within the meaning of Section 1(a), then no Stock Acquisition Date shall be deemed to have occurred. (ii) "Subsidiary" shall mean, with reference to any Person, any corporation or other entity of which securities or other ownership interests having ordinary voting power sufficient to elect at least a majority of the directors of such corporation (or other persons performing similar functions) is Beneficially Owned, directly or indirectly, by such Person, or otherwise controlled by such Person. (jj) "Substitution Period" shall have the meaning set forth in Section 11(a)(iii). (kk) "Trading Day" shall mean a day on which the principal national securities exchange or market system on which the shares of Common Stock are listed or admitted t...
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Examples of RATIO OF EXCHANGE in a sentence

  • Oct 29, 08 10,713,700 127,245,014 Oct 29, 08 8,045,600 166,298,663 2 Oct 30, 08 12,111,300 159,020,452 Oct 30, 08 8,622,000 199,865,962 1 Oct 31, 08 5,452,200 73,656,358 Oct 31, 08 7,576,700 179,340,025 Total 351,598,800 5,306,328,965 286,792,100 7,527,374,803 Average price (R$) 15.09 26.25 2.2. CALCULATION STATEMENT FOR THE RATIO OF EXCHANGE OF SHARES The ratio of exchange between the preferred shares of Unibanco and Unibanco Holdings for each preferred share of Banco Itaú is 3.4782.

  • EVALUATION REPORT ON THE CALCULATION OF THE RATIO OF EXCHANGE FOR PREFERRED SHARES BASED ON THE 45 TRADING SESSIONS HELD IN THE PERIOD FROM SEPTEMBER 1 TO OCTOBER 31, 2008 To Unibanco – União de Bancos Brasileiros S.A. Unibanco Holdings S.A. Banco Itaú Holding Financeira S.A. Banco Itaú S.A. E.

  • Savia shall pay the filing fees payable in connection with the filings by the parties required by the HSR Act.

Related to RATIO OF EXCHANGE

  • rate(s) of exchange has the meaning specified in Section 1.14.

  • rate of exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, the relevant currency.

  • Spot Rate of Exchange shall include any premiums and costs of exchange payable in connection with the purchase of, or conversion into, United States dollars.

  • Agent’s Spot Rate of Exchange means the Agent’s spot rate of exchange for the purchase of the relevant currency with the Base Currency in the London foreign exchange market at or about 11:00 a.m. on a particular day.

  • available rate of exchange means the rate at which the Creditor Party concerned is able at the opening of business (London time) on the Business Day after it receives the sum concerned to purchase the Contractual Currency with the Payment Currency. This Clause 21.4 creates a separate liability of the Borrower which is distinct from its other liabilities under the Finance Documents and which shall not be merged in any judgment or order relating to those other liabilities.

  • Notice of Exchange means the Notice of Exchange substantially in the form of Exhibit B to this Agreement.

  • Consolidated Current Ratio means, as of any date of determination, the ratio of Consolidated Current Assets to Consolidated Current Liabilities as of such date.

  • Judgment Currency Conversion Date shall have the meaning assigned to such term in Section 11.18(a).

  • Option Exchange Ratio means the quotient obtained by dividing (i) the Cash Amount Per Share by (ii) the Acquiror Common Stock Price.

  • Out of Exchange Traffic is defined as local, transit, or intraLATA traffic to or from a non- AT&T-21STATE ILEC Exchange Area.

  • Exchange Rate means, in relation to any amount of currency to be converted into U.S. Dollars pursuant to this Agreement, the U.S. Dollar exchange rate as published in the Wall Street Journal on the relevant date of calculation.

  • Market Exchange Rate means, unless otherwise specified with respect to any Securities pursuant to Section 301, (i) for any conversion involving a currency unit on the one hand and Dollars or any Foreign Currency on the other, the exchange rate between the relevant currency unit and Dollars or such Foreign Currency calculated by the method specified pursuant to Section 301 for the Securities of the relevant series, (ii) for any conversion of Dollars into any Foreign Currency, the noon buying rate for such Foreign Currency for cable transfers quoted in New York City as certified for customs purposes by the Federal Reserve Bank of New York and (iii) for any conversion of one Foreign Currency into Dollars or another Foreign Currency, the spot rate at noon local time in the relevant market at which, in accordance with normal banking procedures, the Dollars or Foreign Currency into which conversion is being made could be purchased with the Foreign Currency from which conversion is being made from major banks located in either New York City, London or any other principal market for Dollars or such purchased Foreign Currency, in each case determined by the Exchange Rate Agent. Unless otherwise specified with respect to any Securities pursuant to Section 301, in the event of the unavailability of any of the exchange rates provided for in the foregoing clauses (i), (ii) and (iii), the Exchange Rate Agent shall use, in its sole discretion and without liability on its part, such quotation of the Federal Reserve Bank of New York as of the most recent available date, or quotations from one or more major banks in New York City, London or other principal market for such currency or currency unit in question, or such other quotations as the Exchange Rate Agent shall deem appropriate. Unless otherwise specified by the Exchange Rate Agent, if there is more than one market for dealing in any currency or currency unit by reason of foreign exchange regulations or otherwise, the market to be used in respect of such currency or currency unit shall be that upon which a nonresident issuer of securities designated in such currency or currency unit would purchase such currency or currency unit in order to make payments in respect of such securities.

  • Consolidated Net Working Capital means (a) all current assets of the Company and its Restricted Subsidiaries except current assets from Oil and Gas Hedging Contracts, less (b) all current liabilities of the Company and its Restricted Subsidiaries, except (i) current liabilities included in Indebtedness, (ii) current liabilities associated with asset retirement obligations relating to oil and gas properties and (iii) any current liabilities from Oil and Gas Hedging Contracts, in each case as set forth in the consolidated financial statements of the Company prepared in accordance with GAAP (excluding any adjustments made pursuant to FASB ASC 815).

  • Spot Exchange Rate has the meaning specified in the related Terms Document.

  • Applicable Market Value has the meaning specified in Section 5.1.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated Current Assets means, as at any date of determination, the total assets of Company and its Subsidiaries on a consolidated basis which may properly be classified as current assets in conformity with GAAP, excluding Cash and Cash Equivalents.

  • Current Ratio means the ratio of Current Assets to Current Liabilities.

  • Conversion Ratio means the ratio (expressed as the number of Shares to which one Warrant relates) specified by the Issuer, subject to adjustments in accordance with these Conditions.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Appraised Current Market Value of any Aircraft means the lower of the average and the median of the three most recent Post-Default Appraisals of such Aircraft.

  • Reference Exchange Rate means the exchange rate which is used as the basis to calculate any currency exchange and which is made available by the payment service provider or comes from a publicly available source;

  • Judgment Currency has the meaning specified in Section 10.19.

  • Consolidated First Lien Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated First Lien Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters of the Borrower most recently ended.