Conditional Exchange definition

Conditional Exchange means the exchange of one Depositary Share for each share of WPFC Series B Preferred Securities following the occurrence of a Supervisory Event.
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Conditional Exchange means the automatic exchange of the Trust Securities into depositary shares representing an interest in the Series M Preferred Stock which occurs upon the written direction of the OTS upon or after the occurrence of an Exchange Event.
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Conditional Exchange means an exchange of all of the Class C Preferred Shares for Bank Class C Preferred Shares, on a one share for one share basis, in accordance with the terms, conditions, and procedures specified in Section 4.5.6 hereof.
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Examples of Conditional Exchange in a sentence

  • As Such, it entails the collection and analysis of programmatic, financial, personnel and client data to detennine the effectiveness and efficiency of service delivery as well as benefits derived.

  • Conditional Exchange Rate Volatility and the Barriers Hypothe sisTable 3 presents the results of the volatility-based test for implicit price barriers in FX markets suggested above.

  • The Corporation will mail notice of the issuance of an OCC directive after the occurrence of a Series I Conditional Exchange Event to each holder of Trust Securities within 30 days, and the Corporation will deliver (or cause to be delivered) to each such holder Series I Preferred Stock upon surrender of the Trust Securities.

  • However, the final IPO Shares Price will be announced after completion of the book-building process, which is expected to be completed after the end of the Conditional Exchange Offer period.

  • Moreover, if the relevant banking organization is required to acquire the REIT Preferred Securities issued by the trust due to a Conditional Exchange Event, the organization typically also will acquire the preferred securities of the REIT Entity held by the Pass- Through Trust (and which backed payments on the REIT Preferred Securities).

  • We can provide no assurances that all of the conditions to the Conditional Exchange Offer will be satisfied, or that they will be satisfied in the time frame currently expected.

  • A wife is of vital importance to you as far as how your children will turn out.

  • For example:• In their monthly operating reports, the Debtors discuss the conditional exchange as follows:WMI and its advisors currently are assessing a number of legal, accounting and tax issues related to the [Trust Preferred Securities] and the transactions related to the Conditional Exchange.

  • However, the Conditional Exchange Offer will contain an applicable disclaimer and will be published on the websites of the Company, the SEC, and the SET where investors may further study the Conditional Exchange Offer in detail.

  • In addition, the shareholders who accept the Conditional Exchange Offer will be allocated the Shares Consideration from Central Retail.


More Definitions of Conditional Exchange

Conditional Exchange means if the OCC so directs upon the occurrence of a Conditional Exchange Event, each Trust Security then outstanding shall be automatically exchanged for an equal number of PNC Preferred Stock.
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Conditional Exchange means an exchange of one Class D Preferred Share for one Bank Class D Preferred Share in accordance with the terms, conditions, and procedures specified in Section 4.5.6 hereof.
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Conditional Exchange is defined in Section 7.9(a).
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Conditional Exchange means an exchange of ten Bank Class D Preferred Shares for every Class E Preferred in accordance with the terms, conditions, and procedures specified in Section 4.7.6 hereof.
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Conditional Exchange means if the OCC so directs upon the occurrence of an Exchange Event, each Series A Company Preferred Stock then outstanding shall be automatically exchanged for one share of Series A Company Preferred Stock.
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Related to Conditional Exchange

  • Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

  • National Exchange means the Nasdaq National Market or any other national exchange on which the Common Stock of the Corporation is listed.

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Principal Exchange means, in respect of a Share, any stock exchange or quotation system on which such Share is listed. As of the date of this Information Statement, the Principal Exchange for each Share is as set forth under "Summary Information Regarding the Companies".

  • Primary Exchange means, with respect to each Index constituent or each constituent underlying a Successor Index, the primary exchange or market of trading such Index constituent or such constituent underlying a Successor Index.

  • Relevant Exchange means the Relevant Exchange as specified in § 2 of the Product and Underlying Data.In the case of a material change in the market conditions at the Relevant Exchange, such as a final discontinuation of the quotation of the Underlying at the Relevant Exchange and the quotation at a different stock exchange or a considerably restricted number or liquidity, the Relevant Exchange shall be substituted as the Relevant Exchange by another exchange that offers satisfactorily liquid trading in the Underlying (the "Substitute Exchange"); such exchange shall be determined by the Calculation Agent acting in accordance with relevant market practice and in good faith. In this case, any reference to the Relevant Exchange in the Terms and Conditions of these Securities shall be deemed to refer to the Substitute Exchange.

  • Reference Exchange means XETRA.

  • Direct Exchange has the meaning set forth in Section 11.03(a).

  • Final Exchange Bulletin means the Exchange Bulletin which is issued following closing of the Qualifying Transaction and the submission of all required documentation and that evidences the final Exchange acceptance of the Qualifying Transaction.

  • Related Exchange means each exchange or quotation system where trading has a material effect (as determined by the Calculation Agent) on the overall market for futures or options contracts relating to the FTSE 100, including any transferee or successor to any such exchange or quotation system or any substitute exchange or quotation system to which trading in futures or options contracts relating to the FTSE 100 has temporarily relocated (provided that the Calculation Agent has determined that there is comparable liquidity relative to

  • Applicable Exchange means the New York Stock Exchange or such other securities exchange as may at the applicable time be the principal market for the Common Stock.

  • Permitted Exchange means any of The New York Stock Exchange, The NASDAQ Global Select Market or The NASDAQ Global Market (or any of their respective successors).

  • Approved Exchange means the New York Stock Exchange and/or the Nasdaq Stock Market.

  • Designated Exchange means any of The New York Stock Exchange, The NASDAQ Global Select Market, The NASDAQ Global Market, or any successor to any of the foregoing.

  • Related Exchange(s means each exchange or quotation system (as the Determination Agent may select) where trading has a material effect (as determined by the Determination Agent) on the overall market for futures or options contracts relating to the Share or, in any such case, any transferee or successor exchange of such exchange or quotation system.

  • Trading Date means the closing of the first sale to the general public of the Shares pursuant to a registration statement filed with and declared effective by the U.S. Securities and Exchange Commission under the Securities Act.

  • Specified Exchange Date means the first business day of the month that is at least 60 business days after the receipt by the General Partner of the Notice of Exchange.

  • Securities Exchange means, at any time, the registered national securities exchange on which the Corporation’s equity securities are then principally listed or traded, which shall be the New York Stock Exchange or NASDAQ Global Market (or similar national quotation system of the NASDAQ Stock Market) (“NASDAQ”) or any successor exchange of either the New York Stock Exchange or NASDAQ.

  • Specified Exchange means the Australian Stock Exchange, the Johannesburg Stock Exchange, the London Stock Exchange Main Market, the Nasdaq Stock Market, the New York Stock Exchange, or the Hong Kong Stock Exchange;

  • Approved Stock Exchange means the New York Stock Exchange, NASDAQ or such other stock exchange in the United States of America, the United Kingdom or Hong Kong as is approved in writing by the Facility Agent or, in each case, any successor thereto.

  • Party B Final Exchange Amount The Sterling equivalent of the Party A Final Exchange Amount converted by reference to the Dollar Currency Exchange Rate.

  • Local Exchange Carrier or "LEC" means any Carrier that is engaged in the provision of telephone Exchange Service or Exchange Access. Such term does not include a Carrier insofar as such Carrier is engaged in the provision of a commercial mobile service under Section 332(c) of the Act, except to the extent that the FCC finds that such service should be included in the definition of such term.

  • Garage, private means a building or a portion thereof designed and used for the parking of vehicles.

  • National Securities Exchange means an exchange registered with the Commission under Section 6(a) of the Exchange Act (or any successor to such Section).

  • Competitive Local Exchange Carrier (CLEC) means any company or person authorized to provide local exchange services in competition with an ILEC.