Common use of Initial Exchange Clause in Contracts

Initial Exchange. Initial Exchange Date: Closing Date Party A Initial Exchange The A$ Equivalent of the Party B Amount: Initial Exchange Amount, being A$[ ] Party B Initial Exchange The Initial Invested Amount of the Amount: Relevant Notes on the Issue Date, being US$[ ] Notwithstanding Section 2(a)(ii) of the Agreement, Party A must pay the Party A Initial Exchange Amount to Party B by 4.00pm (Sydney time) on the Initial Exchange Date and Party B must pay Party A the Party B Initial Exchange Amount by 4.00pm (New York time) on the Initial Exchange Date. Section 2(a)(v) of the Agreement will not apply to the payments of the Initial Exchange Amounts.

Initial Exchange. Initial Exchange Date: Closing Date Party A Initial Exchange The A$ Equivalent of the Party B Initial Amount: Initial Exchange Amount, being A$[ [_____________] Party B Initial Exchange The Initial Invested Amount of the Relevant Amount: Relevant Notes on the Issue Date, being US$[ [______] Notwithstanding Section 2(a)(ii) of the Agreement, Party A must pay the Party A Initial Exchange Amount to Party B by 4.00pm (Sydney time) on the Initial Exchange Date and Party B must pay Party A the Party B Initial Exchange Amount by 4.00pm (New York time) on the Initial Exchange Date. Section 2(a)(v) of the Agreement will not apply to the payments of the Initial Exchange Amounts.