Share Equivalent Amount definition

Share Equivalent Amount. With respect to each Conversion Event, the aggregate number of Shares Party B is obligated to deliver to the holders of the Reference Notes that are converted into Shares pursuant to such Conversion Event. Failure to Deliver: Applicable. For such purposes, Section 6.9 of the Equity Definitions shall apply as if this Transaction were a Physically-settled Transaction, and references in said Section 6.9 to "illiquidity in the market" shall be deemed to include, in addition to "illiquidity in the market", the occurrence of a Disruption Event with respect to the Shares. Disruption Event: A Market Disruption Event as specified in Section 4.3(a)(ii) of the Equity Definitions (determined as if this Transaction were a Cash-settled Share Transaction) or a Settlement Disruption Event as specified in Section 6.5 of the Equity Definitions (determined as if this Transaction were a Physically-settled Share Transaction).
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Share Equivalent Amount. Subject in all events to the second paragraph opposite the caption “Transaction Type” above, with respect to each Conversion Event, the aggregate number of Shares Counterparty is obligated to deliver to the holders of the Reference Notes that are converted pursuant to such Conversion Event; provided that the Share Equivalent Amount shall exclude (a) any Make Whole Premium, if any, paid to the holders of the Reference Notes upon such Conversion Event and (b) any additional Shares paid by Counterparty to holders in connection with an election by the Issuer to increase the Conversion Rate (as such term is defined in the Note Indenture) pursuant to Section 5.08 or Section 5.13 of the Note Indenture. For the avoidance of doubt, Deutsche shall be required to make deliveries hereunder with respect to any Conversion Event solely to the extent that the Conversion Amount for all prior Conversion Events and the Conversion Amount for such Conversion Event (or a portion thereof) exceeds, on an aggregate basis, $800,000,000 (such amount subject to reduction in connection with any Repayment Event by the principal amount of Reference Notes subject to such Repayment Event). Failure to Deliver: Applicable. For such purposes, Section 6.9 of the Equity Definitions shall apply as if this Transaction were a Physically-settled Transaction, and references in said Section 6.9 to “illiquidity in the market” shall be deemed to include, in addition to “illiquidity in the market”, the occurrence of a Disruption Event with respect to the Shares.
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Share Equivalent Amount. With respect to each Conversion Event, the aggregate number of Shares Counterparty is obligated to deliver to the holders of the Reference Notes that are converted pursuant to such Conversion Event; provided that the Share Equivalent Amount shall exclude (a) any Make Whole Premium, if any, paid to the holders of the Reference Notes upon such Conversion Event and (b) any additional Shares paid by Counterparty to holders in connection with an election by the Issuer to increase the Conversion Rate (as such term is defined in the Note Indenture) pursuant to Section 5.08 or Section 5.13 of the Note Indenture. Failure to Deliver: Applicable. For such purposes, Section 6.9 of the Equity Definitions shall apply as if this Transaction were a Physically-settled Transaction, and references in said Section 6.9 to “illiquidity in the market” shall be deemed to include, in addition to “illiquidity in the market”, the occurrence of a Disruption Event with respect to the Shares.
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Examples of Share Equivalent Amount in a sentence

  • Net Share Settlement: On each Settlement Date, Party A shall deliver to Party B, through the Agent, the related Share Equivalent Amount.

  • Share Equivalent Amount: With respect to each Conversion Event, the aggregate number of Shares Party B is obligated to deliver to the holders of the Reference Notes that are converted pursuant to such Conversion Event; provided that the Share Equivalent Amount shall exclude any Make Whole Premium (as defined in the Indenture), if any, paid to the holders of the Reference Notes upon such Conversion Event.

  • Each Company Optional Redemption Notice delivered shall be irrevocable and shall state (i) the aggregate number of Redemption Shares which the Company has elected to be subject to such Company Optional Redemption from all of the Redemption Holders on such Company Optional Redemption Date, (ii) the Company Optional Redemption Price, and (iii) the Redemption Eligible Share Equivalent Amount.


More Definitions of Share Equivalent Amount

Share Equivalent Amount. With respect to each Conversion Event, the aggregate number of Shares Party B is obligated to deliver pursuant to the terms of the Note Indenture to the holders of the Reference Notes that are converted into Shares pursuant to such Conversion Event. Failure to Deliver: Applicable. For such purposes, Section 6.9 of the Equity Definitions shall apply as if this Transaction were a Physically-settled Transaction, and references in said Section 6.9 to "illiquidity in the market" shall be deemed to include, in addition to "illiquidity in the market", the occurrence of a Disruption Event with respect to the Shares.
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Related to Share Equivalent Amount

  • Share Equivalent means any stock, warrants, rights, calls, options or other securities exchangeable or exercisable for, or convertible into, shares of Common Stock.

  • Common Share Equivalent shall have the meaning ascribed to it in Section 11(a)(iii) hereof.

  • Common Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Shares.

  • Equivalent Amount of any currency with respect to any amount of Dollars at any date shall mean the equivalent in such currency of such amount of Dollars, calculated on the basis of the Exchange Rate for such other currency at 11:00 a.m., London time, on the date on or as of which such amount is to be determined.

  • Ordinary Share Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares or ADSs, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares or ADSs.

  • Share Equivalents means any securities of the Company or its subsidiaries which would entitle the holder thereof to acquire at any time Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Shares.

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Capital Shares Equivalents means any securities, rights, or obligations that are convertible into or exchangeable for or give any right to subscribe for any Capital Shares of the Company or any warrants, options or other rights to subscribe for or purchase Capital Shares or any such convertible or exchangeable securities.

  • Equivalent Shares means Preferred Shares and any other class or series of capital stock of the Company which is entitled to the same rights, privileges and preferences as the Preferred Shares.

  • Equivalent Preferred Shares shall have the meaning set forth in Section 11(b) hereof.

  • Approximate Equivalent Amount of any currency with respect to any amount of Dollars shall mean the Equivalent Amount of such currency with respect to such amount of Dollars on or as of such date, rounded up to the nearest amount of such currency as determined by the Administrative Agent from time to time.

  • Aggregate Industry Equivalent Unit Score is then calculated for each S&P Industry Classification, shown on Schedule 2, and is equal to the sum of the Equivalent Unit Scores for each issuer in such industry classification group.

  • Interest Equivalent means a yield on a 360-day basis of a discount basis security which is equal to the yield on an equivalent interest-bearing security.

  • Class A Ordinary Share Value means, as of the close of business on the day preceding the date, the volume weighted average trading price of the Class A Ordinary Shares on all trading platforms or trading systems on which the Class A Ordinary Shares are being traded over the forty-five (45) trading days then ended, provided, that if the total aggregate trading volume over such 45-trading-day period is less than 5% of the public float, such period shall be extended to the ninety (90) trading days then ended, provided, further, if the total aggregate trading volume over such 90-trading-day period is less than 5% of the public float, the holder of the Class B Ordinary Shares shall request that the Board obtain an appraisal of the value of the Class A Ordinary Shares from one or more independent nationally-recognized third party appraisal companies and such appraisal shall constitute the Class A Ordinary Share Value.

  • Equivalent Preferred Stock shall have the meaning set forth in Section 11(b) hereof.

  • Dividend Equivalent Unit means the right to receive a payment, in cash or Shares, equal to the cash dividends or other cash distributions paid with respect to a Share.

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • Per Share Value means the average value of the consideration to be received in respect of each outstanding Common Share pursuant to the Qualifying Transaction as determined by mutual agreement of the Independent Directors (as defined in Section 2(b)(ii) below) and the holders of not less than 50% in interest of all outstanding warrants to purchase Common Shares containing this provision, or, if they shall fail to agree, by an Investment Bank.

  • Per Share Amount has the meaning set forth in Section 2.2.1 hereof.

  • Distribution Equivalent Right means an Award granted under Article XIII of the Plan which entitles the Holder to receive bookkeeping credits, cash payments and/or Share distributions equal in amount to the distributions that would have been made to the Holder had the Holder held a specified number of Shares during the period the Holder held the Distribution Equivalent Right.

  • SAR Value means the excess of the Fair Market Value (on the exercise date) over the exercise price that the participant would have otherwise had to pay to exercise the related Stock Option, multiplied by the number of shares for which the Stock Appreciation Right is exercised.

  • Put Equivalent Position shall have the meaning set forth in Rule 16a-1(h) under the Exchange Act.