Right to Exchange definition

Right to Exchange has the meaning ascribed thereto in Section 7.1.
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Right to Exchange means the right of Holders of Class A Preference Shares to acquire Symix Shares and Symix Distributions Equivalent as provided for in section 4.1 hereof;
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Examples of Right to Exchange in a sentence

  • Following the exercise of the Right to Exchange, premium may not be allocated to the variable account, and transfers of account value to the variable account will not be permitted.

  • During the first twenty-four policy months following the policy date, and within sixty days of the later of notification of a change in the investment policy of the separate account or the effective date of such change, the owner may exercise a one-time Right to Exchange the policy by requesting that all of the variable account value be transferred to the guaranteed interest division.

  • With the exception of the Right to Exchange (described below), Security Life reserves the right to limit the number or frequency of transfers permitted in the future.

  • In deciding the type of security and assistance given by the UNHCR to the individual concerned, the decisions reached are of direct relevance.

  • Exercise of the Right to Exchange is not subject to any charge for making the change.

  • All secure tenants have the Right to Exchange, with tenants being able to register free of charge with HomeSwapper, which matches property swaps electronically.

  • Assignment is only allowed in the following situations: • Assigning the tenancy under the Right to Exchange but only with our written permission; or • In the case of a relationship breakdown, where the Court assigns the tenancy from a tenant to the other occupant.

  • The tenancy then becomes a new demoted tenancy, losing a number of rights such as the Right to Buy14 and the Right to Exchange.

  • Right to Exchange Information In order to coordinate benefit payments, the Claims Administrators (Aetna and Express Scripts) need certain information.

  • Investor agrees it shall exercise the Right to Exchange and/or waive the application of the Automatic Exchange Provision if, and only if, in each case, Brookfield has instructed Investor to do so in such direction.

Related to Right to Exchange

  • Alternative Stock Exchange means at any time, in the case of the Ordinary Shares, if they are not at that time listed and traded on the ASX, the principal stock exchange or securities market on which the Ordinary Shares are then listed or quoted or dealt in;

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • 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.

  • Exchange Rights shall have the meaning set forth in Paragraph 2 hereof.

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

  • Trading Privileges means Trading Access or the right granted to a Person to use the SEF operated by BSEF for execution of Swaps. No Person may exercise Trading Privileges on behalf of a Participant during any suspension of such Participant’s Trading Privileges.

  • 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".

  • Stock Exchanges means BSE Limited and National Stock Exchange of India Limited;

  • 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

  • Approved Stock Exchange means the New York Stock Exchange, NASDAQ or such other stock exchange in the United States of America, the United Kingdom or Hong Kong as is approved in writing by the Facility Agent or, in each case, any successor thereto.

  • 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.

  • Relevant Stock Exchange for the Fund means the primary exchange or quotation system on which shares (or other applicable securities) of the Fund are traded, as determined by the Calculation Agent.

  • New York Stock Exchange means the New York Stock Exchange, Inc.

  • Like-Kind Exchange means a section 1031 exchange that is subject to 26 U.S.C. sec. 1031.

  • NASDAQ means the Nasdaq National Market.

  • Exchange Right has the meaning set forth in Section 2.1 hereof.

  • Recognized Stock Exchange means any stock exchange agreed upon by the competent authorities of the Contracting Parties;

  • Recognized Exchange means The New York Stock Exchange or the Nasdaq National Market.

  • The Stock Exchange means The International Stock Exchange of the United Kingdom and the Republic of Ireland Limited;

  • Stock Exchange The Stock Exchange of Hong Kong Limited

  • London Stock Exchange means London Stock Exchange plc;

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Irish Stock Exchange means the Irish Stock Exchange Limited.

  • Qualified Exchange means any legal defeasance, redemption, retirement, repurchase or other acquisition of Capital Stock or of Indebtedness of the Company issued on or after the Issue Date with the Net Cash Proceeds received by the Company from the substantially concurrent sale of Qualified Capital Stock or any exchange of Qualified Capital Stock for any Capital Stock or for Indebtedness of the Company issued on or after the Issue Date.

  • Securities Market means an established securities market.

  • Approved Exchange means the New York Stock Exchange and/or the Nasdaq Stock Market.