CCN Value definition
CCN Value means a value in United States Dollars to be attributed to each Compulsorily Convertible Note for purposes of determining the cash payments in terms of the Rounding Adjustment, determined by dividing an amount of US$320 683 000 (three hundred and twenty million six hundred and eighty three thousand United States Dollars) by the number of the Aggregate CCN’s;
Examples of CCN Value in a sentence
Grant Funding Original Grant Value £10,145,972 Previous CCN001 Value £0 Previous CCN002 Value £0 Previous CCN003 Value £150,000 This CCN Value £0 New Grant Value £10,295,972 (Unchanged) Revised Payment schedule: Please see Annex A of the CCN.