Spin-Off Securities definition

Spin-Off Securities means equity share capital of an entity other than the Issuer or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Issuer.

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Spin-Off Securities means equity share capital of an entity other than the Guarantor or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Guarantor.

Spin-Off Securities has the meaning set forth in Section 5.4(a)(x).

Examples of Spin-Off Securities in a sentence

• Unbalanced Certificates: For Unbalanced Certificates, the Trust Administrator will instruct the Custodian to sell the Spin-Off Securities distributed to the Trust that remain after making the Trust Unit Spin Distribution described above.

• The Trust Administrator will have the right, in its sole discretion, to discount deposit fees for Spin-Off Securities acquired in a Spin-Off that are deposited in a new trust, such fees being similar in form to the fees set forth in Section 5.13(a) of the Agreement, up to the actual costs, and expenses incurred by the Trust Administrator to form and register the new trust that would hold the Spin-Off Securities.

• For Trust Certificates that can together constitute a whole Trust Unit (i.e., for each one (1) Dividend Certificate and one (1) Asset Certificate) held by a Registered Owner as of the Record Date, that Registered Owner would receive such number and type of Spin-Off Securities distributed to the Trust with respect to one (1) Underlying Share (the “Trust Unit Spin Distribution”).

• Any cash that the Subject Corporation distributes to the Trust in lieu of fractional Spin-Off Securities that otherwise would have been distributed to the Trust in the Spin-Off will be distributed to holders of Dividend Certificates and Asset Certificates, allocated between the Dividend Certificates and the Asset Certificates based on the VWAP Fractions, in cash or Stablecoins, as applicable, as a Cash Distribution.

• The Trust Administrator will also have the right, in its sole discretion, to waive the Redemption Fee pursuant to Section 5.13(b) of the Agreement in its entirety for Spin-Off Securities deposited into the new trust.

More Definitions of Spin-Off Securities

Spin-Off Securities means equity share capital of an entity other than CSG or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than CSG;

Spin-Off Securities means Equity Share Capital of an entity other than the Company, or as the case may be, the Relevant Company or options, warrants or other rights to subscribe for or purchase Equity Share Capital of an entity other than the Company, or as the case may be, the Relevant Company;

Spin-Off Securities means equity share capital of an entity other than the Parent or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Parent.

Spin-Off Securities means equity share capital of an entity other than the Issuer.

Spin-Off Securities has the meaning provided in Condition 6(b)(iii).

Spin-Off Securities has the meaning specified in Section 7.05(c).

Spin-Off Securities means equity share capital of an entity other than Banco Santander or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than Banco Santander;