Exchangeable Note means that certain convertible exchangeable promissory note to be issued by DOV in favour of EIS.

Exchangeable Note means that certain promissory note, which may be exchanged into common stock, issued to Farmee by Farmor, and guaranteed by FEEC, of even date herewith.

Exchangeable Note means a note, the form of which is set forth on Exhibit E, that is mandatorily exchangeable into a number of shares of Spinco Common Stock equal to (a) if the Alternative Transaction Structure is not adopted, the product of (i) the Exchange Ratio and (ii) the number of Utah Newco Ordinary Shares issued and outstanding immediately after the Utah Merger Effective Time (which shall not include any Utah Newco Ordinary Shares held by Utah Newco as treasury stock) or (b) if the Alternative Transaction Structure is adopted, the product of (i) the Exchange Ratio and (ii) the number of Utah Ordinary Shares issued and outstanding as of the Asset Sale Effective Time (which shall not include any Utah Ordinary Shares held by Utah as treasury stock).

Examples of Exchangeable Note in a sentence

In the case of an exchange of an Exchangeable Note and a MAC Note, the Exchange Administrator shall direct the Global Agent to facilitate such exchange with DTC.
The Exchange Administrator shall be protected and shall incur no liability for or in respect of any action taken, omitted to be taken or anything suffered by it in reliance upon any Exchangeable Note, notice, direction, consent, certificate, affidavit, statement or other paper or document (including facsimile or electronic mail transmission) reasonably believed by it to be genuine and to have been signed or submitted by the proper parties.
In the case of an exchange of an Exchangeable Note and an RCR Note, the Exchange Administrator shall direct the Global Agent under the Global Agency Agreement to facility such exchange with DTC.
The Global Agent will make the first distribution on an Exchangeable Note or RCR Note received in an exchange transaction on the Payment Date related to the next Record Date following the exchange.
The Global Agent will make the first distribution on an Exchangeable Note or RCR Note received in an exchange transaction on the Payment Date in the month following the exchange to the Noteholder of record as of the close of business on the last day of the month of the exchange.

More Definitions of Exchangeable Note

Exchangeable Note means a note, the form of which is set forth on Exhibit E , that is mandatorily exchangeable into a number of shares of Spinco Common Stock equal to (a) if the Alternative Transaction Structure is not adopted, the product of (i) the Exchange Ratio and (ii) the number of Utah Newco Ordinary Shares issued and outstanding immediately after the Utah Merger Effective Time (which shall not include any Utah Newco Ordinary Shares held by Utah Newco as treasury stock) or (b) if the Alternative Transaction Structure is adopted, the product of (i) the Exchange Ratio and (ii) the number of Utah Ordinary Shares issued and outstanding as of the Asset Sale Effective Time (which shall not include any Utah Ordinary Shares held by Utah as treasury stock).

Exchangeable Note means the Exchangeable Note issued by IFM Overseas to GL pursuant to the Note Purchase Agreement.

Exchangeable Note means the $2,000,000 promissory note issued by Federal Life Mutual to the standby purchaser upon the signing of the standby stock purchase agreement. The standby purchaser has agreed to loan up to $2,000,000 to Federal Life Mutual to fund costs incurred by Federal Life Mutual in connection with the conversion and the offerings. The outstanding principal balance of the exchangeable note will automatically convert to shares of the Company’s common stock upon the completion of the conversion and the offerings at a price of $10.00 per share. Shares issued in connection with the exchangeable note will count towards the minimum number of shares that must be sold in the offerings;

Exchangeable Note means the exchangeable note to be entered into pursuant to Section 2(a), on terms acceptable to the Company and the Standby Purchaser, each in its sole discretion.1

Exchangeable Note means the exchangeable note 2005 to be issued by the Company on the date of the adoption of these Articles.

Exchangeable Note shall have the meaning set out in Clause 3.1.1

Exchangeable Note has the meaning specified in the recitals to this Agreement.