Cash Alternative Settlement definition
Cash Alternative Settlement has the meaning set out in Condition 6(c);
Examples of Cash Alternative Settlement in a sentence
The Issuer will not accept any Offer in respect of such part of the Exchange Property which would (disregarding for this purpose, any Cash Alternative Settlement) be deliverable to those Noteholders who have exercised Exchange Rights in respect of Notes where the relevant Exchange Date falls prior to the commencement of any Suspension Period.
Upon exercise of Exchange Rights, the Issuer (subject to any Cash Alternative Settlement) shall deliver or procure the delivery of the relevant pro rata share of the Exchange Property as provided in this Condition.