Automatic Exchange definition

Automatic Exchange means the systematic communication of predefined information to another state, without prior request;

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Automatic Exchange shall have the meaning specified in Section 2.12.

Automatic Exchange means the automatic exchange of the Trust Notes for the right to receive Exchange Preferred Shares, Series 2016-A upon the occurrence of an Automatic Exchange Event.

Examples of Automatic Exchange in a sentence

• The Restricted Global Note from which beneficial interests are transferred pursuant to an Automatic Exchange shall be cancelled following the Automatic Exchange.

• Notwithstanding anything to the contrary in this Section 2.3(e), during the 15 calendar day period prior to the Automatic Exchange Date, no transfers or exchanges other than pursuant to this Section 2.3(e) shall be permitted without the prior written consent of the Issuers.

• At the Issuers’ written request on no less than 5 calendar days’ notice prior to the Automatic Exchange Notice Date, the Trustee shall deliver, in the Issuers’ name and at their expense, the Automatic Exchange Notice to each Holder at such Holder’s address appearing in the register of Holders; provided that the Issuers have delivered to the Trustee the information required to be included in such Automatic Exchange Notice.

More Definitions of Automatic Exchange

Automatic Exchange has the meaning ascribed to such term in the Share Exchange Agreement;

Automatic Exchange means the systematic communication to another Member State of predefined information, without prior request, at pre-established regular intervals. In the context of Article 8 (2), available information refers to information in the tax files of the Member State communicating the information, which is retrievable in accordance with the procedures for gathering and processing information in that Member State;

Automatic Exchange means the systematic communication of predefined information to another Member State, without prior request, at pre-established regular intervals;

Automatic Exchange. 2.6(e) “Automatic Exchange Date” 2.6(e)

Automatic Exchange means an exchange of the Outstanding Face Amount of this Security for cash, Stock or other property, as provided in section 7.

Automatic Exchange has the meaning set forth in Section 2.3(c)(vi).

Automatic Exchange means an exchange of the Outstanding Face Amount of this Security for cash as provided in Section 6.