Cash Alternative definition

Cash Alternative has the meaning ascribed thereto in Section 3.2(a) hereof;

Cash Alternative means $8.35 in cash per Unit;

Cash Alternative has the meaning assigned to it in Clause 6.1;

Examples of Cash Alternative in a sentence

• The availability of the Transaction and the New CareTech Shares under the Transaction to Cambian Shareholders who are not resident in the United Kingdom, and the availability of the Full Cash Alternative to such shareholders, may be affected by the laws of the relevant jurisdictions in which they are resident.

• In particular, the ability of persons who are not resident in the United Kingdom or who are subject to the laws of another jurisdiction to vote their Cambian Shares in respect of the Scheme at the Court Meeting, to elect for the Full Cash Alternative, or to execute and deliver Forms of Proxy appointing another to vote at the Court Meeting on their behalf, may be affected by the laws of the relevant jurisdictions in which they are located or to which they are subject.

• Subject to the provisions of Clause 6.4.13 (Cash Alternative Election) of the "Terms and Conditions of the Convertible Bonds" and otherwise as provided in the "Terms and Conditions of the Convertible Bonds", each Convertible Bond shall entitle the holder to convert such Convertible Bond into existing and/or new Ordinary Shares, in each case credited as fully paid, at a conversion ratio of one Ordinary Share per Convertible Bond (subject to adjustment).

• Interest also includes the value of the existing Ordinary shares or the Cash Alternative Amount received by the Bondholder upon Conversion up to an amount equal to the difference between the total value received upon Conversion and the issue price of the Convertible Bond.

• The Issuer, however, may not make a Cash Alternative Election at any time when such election would prevent the rel- evant Bondholder from participating to any rights issue or other issuance to which that Bondholder is entitled to participate pursuant to Article 491 of the Belgian Company Code.

More Definitions of Cash Alternative

Cash Alternative means the alternative whereby Scheme Shareholders may elect to receive cash in lieu of the O2 Shares to which they would otherwise be entitled under the Scheme;

Cash Alternative means the payment of $44.50 in cash per Exchangeable Share;

Cash Alternative means the cash alternative facility

Cash Alternative means $82.50 in cash for each Inco Share, subject to pro ration as set out herein.

Cash Alternative means the option of an ERA Shareholder to receive HK$0.88 per Share payable in cash under the Share Offer, as set out in the section headed “The Share Offer and the Option Offer – Consideration for the Share Offer – the Cash Alternative” of the letter from Citigroup in this Composite Document;

Cash Alternative means the right of each Common Shareholder to elect to receive, for each Common Share held by such Common Shareholder, $31.00 in cash under the Common Share Offer;

Cash Alternative means $22.50 in cash for each Share, subject to pro ration as set out herein;