{"component": "definition", "props": {"groups": [{"snippet": "means the CAD/USD exchange rate as of 5:00PM (Toronto time) on the date which is one (1) Business Day prior to the Closing Date (or such earlier date as is required by a Governmental Authority or mutually agreed by the Company and AQY) using the mid-rate from the \u201cBFIX\u201d screen of Bloomberg (and if such rate or screen is not available, Company and AQY shall agree on a replacement data source, each acting reasonably);", "size": 4, "samples": [{"hash": "kW49mBlNVL1", "uri": "/contracts/kW49mBlNVL1#closing-exchange-rate", "label": "Arrangement Agreement (Sagicor Financial Co Ltd.)", "score": 30.9603004456, "published": true}, {"hash": "evbqIUIGcRV", "uri": "https://filecache.investorroom.com/mr5ircnw_sagicor/515/Amendment-to-Circular-and-Scheme.pdf", "label": "Notice", "score": 18.3108711243, "published": false}, {"hash": "evbqIUIGcRV", "uri": 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{"snippet": "means the CAD/USD exchange rate as of 5:00PM (Toronto Time) on the date which is one (1) Business Day prior to the Closing Date (or such earlier date as is required by a Governmental Authority or mutually agreed by Sagicor and Alignvest) using the mid-rate from the \u201cBFIX\u201d screen of Bloomberg (and if such rate or screen is not available, Sagicor and Alignvest shall agree on a replacement data source, each acting reasonably).", "size": 4, "samples": [{"hash": "kW49mBlNVL1", "uri": "/contracts/kW49mBlNVL1#closing-exchange-rate", "label": "Arrangement Agreement (Sagicor Financial Co Ltd.)", "score": 30.9603004456, "published": true}, {"hash": "csEslwzEGCC", "uri": "/contracts/csEslwzEGCC#closing-exchange-rate", "label": "Arrangement Agreement", "score": 23.4517459869, "published": true}, {"hash": "SJMvz6S5BU", "uri": "https://investors.playaresorts.com/static-files/7447028c-60ab-4702-bd51-92f044d36f73", "label": "investors.playaresorts.com", "score": 9.9801502228, 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conversion of US dollars into Canadian dollars that is available to the Trust or the Partnership on the Offering Closing Date (or, if there is more than one closing of the Offering, the date of each closing of the Offering) pursuant to the binding agreement to be entered into on a date proximally preceding the Offering Closing Date (or, if there is more than one closing of the Offering, a date proximally preceding the date of the initial closing of the Offering) by the Trust, the Partnership or Greybrook Realty Partners Inc. (acting in its own capacity) and its primary bank or financial institution or another reputable financial institution or intermediary that is selected by the Trustee, the Administrator, the General Partner or Greybrook Realty Partners Inc. (acting in its own capacity), acting in good faith and in a commercially reasonable manner;", "size": 2, "samples": [{"hash": "VQKMElnPYC", "uri": "https://www.bcsc.bc.ca/documents/view/J7X0R6Q1A7H5W7M8M6ICS7K5N7T0", "label": "www.bcsc.bc.ca", "score": 9.6858320236, "published": false}], "snippet_links": [{"key": "rate-of-exchange", "type": "clause", "offset": [10, 26]}, {"key": "conversion-of", "type": "clause", "offset": [35, 48]}, {"key": "canadian-dollars", "type": "clause", "offset": [65, 81]}, {"key": "to-the-trust", "type": "clause", "offset": [100, 112]}, {"key": "the-partnership", "type": "definition", "offset": [116, 131]}, {"key": "offering-closing-date", "type": "definition", "offset": [139, 160]}, {"key": "closing-of-the-offering", "type": "clause", "offset": [192, 215]}, {"key": "date-of", "type": "clause", "offset": [221, 228]}, {"key": "each-closing", "type": "clause", "offset": [229, 241]}, {"key": "pursuant-to-the", "type": "clause", "offset": [259, 274]}, {"key": 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"type": "clause", "offset": [10, 29]}, {"key": "stock-to-be-delivered", "type": "clause", "offset": [39, 60]}, {"key": "reserved-for-issuance", "type": "definition", "offset": [64, 85]}, {"key": "in-connection-with", "type": "clause", "offset": [86, 104]}, {"key": "the-merger", "type": "clause", "offset": [105, 115]}, {"key": "contingent-shares", "type": "clause", "offset": [128, 145]}, {"key": "in-respect-of", "type": "clause", "offset": [147, 160]}, {"key": "company-capital-stock", "type": "clause", "offset": [175, 196]}, {"key": "equal-to", "type": "definition", "offset": [213, 221]}, {"key": "number-of-closing-shares", "type": "definition", "offset": [260, 284]}, {"key": "aggregate-common-number", "type": "clause", "offset": [292, 315]}], "hash": "b23194e746c4ba1183725f35374c0df3", "id": 8}, {"snippet": "means, with respect to a relevant currency in question, the average daily exchange rate of such relevant currency to the other relevant currency for the 5-day period ending on the 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Section 16.8 below.", "size": 1, "samples": [{"hash": "juVtY4Xmt6t", "uri": "/contracts/juVtY4Xmt6t#closing-exchange-rate", "label": "Share Subscription Agreement (Live Nation Entertainment, Inc.)", "score": 29.353181839, "published": true}], "snippet_links": [{"key": "conversion-rate", "type": "definition", "offset": [10, 25]}, {"key": "brazilian-reais", "type": "definition", "offset": [47, 62]}, {"key": "in-effect", "type": "clause", "offset": [63, 72]}, {"key": "business-days", "type": "definition", "offset": [81, 94]}, {"key": "the-closing-date", "type": "clause", "offset": [100, 116]}, {"key": "in-accordance-with", "type": "definition", "offset": [129, 147]}, {"key": "section-168", "type": "clause", "offset": [148, 160]}], "hash": "df762a839161a433632778423c1226ad", "id": 10}], "next_curs": "CmISXGoVc35sYXdpbnNpZGVyY29udHJhY3Rzcj4LEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIeY2xvc2luZy1leGNoYW5nZS1yYXRlIzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"title": "Closing Exchange Rate", "snippet": "means the CAD/USD exchange rate as of 5:00PM (Toronto time) on the date which is one (1) Business Day prior to the Closing Date (or such earlier date as is required by a Governmental Authority or mutually agreed by the Company and AQY) using the mid-rate from the \u201cBFIX\u201d screen of Bloomberg (and if such rate or screen is not available, Company and AQY shall agree on a replacement data source, each acting reasonably);", "size": 21, "id": "closing-exchange-rate", "examples": ["All references to \u201cdollars\u201d or \u201c$\u201d will be deemed references to the lawful money of the United States of America, all references to \u201cKRW\u201d will be deemed references to the lawful money of the Republic of Korea, and any amounts denominated in currency other than the lawful money of the United States of America on any date of determination shall be deemed to be the equivalent in dollars of such currency determined by using the <strong>Closing Exchange Rate</strong>.", "If the Cash on Hand of the Group Companies as of the Cash Measurement Date is less than KRW32,795,925,297, then the Trailblazer Cash Amount to be paid pursuant to Section 1.3 shall be decreased dollar-for-dollar (calculated based on the <strong>Closing Exchange Rate</strong>) by the amount of such shortfall (the \u201cCash Shortfall\u201d), provided that there shall be no corresponding increase to the Trailblazer Cash Amount in the event that the Cash on Hand is greater than KRW32,795,925,297.", "Purchaser must pay, in U.S. dollars based on the <strong>Closing Exchange Rate</strong>, an amount equal to the cash actually collected by Cellegy Australia after the Closing with respect to accounts receivable of Cellegy Australia that exist as of the Closing Date, minus a collection fee of 12.5% of the receivable collected, such amount to be paid within three (3) business days after each month with respect to the receivables collected during the preceding month.", "None of the Parties shall be entitled to assert any right to indemnification pursuant to this Section in relation to any Loss or series of Losses, which does not exceed the amount in Brazilian Reais equivalent to USD$5,000.00 (five thousand U.S. Dollars), based on the <strong>Closing Exchange Rate</strong>.", "The LN Shares shall be subscribed and paid in by Live Nation for the total amount in Brazilian Reais corresponding to USD$34,760,000.00 (thirty-four million, seven hundred sixty thousand U.S. Dollars) based on the <strong>Closing Exchange Rate</strong> (\u201cLN Shares Price\u201d).", "For the purposes of preparing the Initial Post-Closing Financial Statements, an amount in a different currency shall be deemed to be an amount in dollars converted at the <strong>Closing Exchange Rate</strong>.", "The Adjustment and interest payment shall be payable in dollars, the amount of such dollar payment to be determined by applying the <strong>Closing Exchange Rate</strong> to the amount of the Adjustment and interest payment as denominated in pounds.", "Except as otherwise agreed by the Parties in written, the sum of the Indebtedness Capital Increase and the Second Indebtedness Capital Increase shall never exceed the amount in Brazilian Reais corresponding to USD$10,000,000.00 (ten million U.S. Dollars), based on the <strong>Closing Exchange Rate</strong>.", "In consideration for the Redemption of the SFX Shares, the Company shall pay to SFX on the Closing Date the total amount in Brazilian Reais equivalent to USD$26,000,000.00 (twenty six million U.S. Dollars) based on the <strong>Closing Exchange Rate</strong> (\u201cSFX Shares Price\u201d).", "At the Effective Time, by virtue of the Merger and without any further action on the part of the Acquiror, the Subsidiary or the Company or any stockholder, each share of Company Common Stock outstanding or reserved for issuance upon exercise of any Company Warrant or any vested Company Option immediately prior to the Effective Time shall be converted into the right to receive a number of shares of Acquiror Stock equal to the <strong>Closing Exchange Rate</strong>."], "related": [["market-exchange-rate", "Market Exchange Rate", "Market Exchange Rate"], ["spot-exchange-rate", "Spot Exchange Rate", "Spot Exchange Rate"], ["reference-exchange-rate", "Reference Exchange Rate", "Reference Exchange Rate"], ["fx-exchange-rate", "FX Exchange Rate", "FX Exchange Rate"], ["applicable-exchange-rate", "Applicable Exchange Rate", "Applicable Exchange Rate"]], "related_snippets": [], "updated": "2026-01-14T05:29:25+00:00"}, "json": true, "cursor": ""}}