Delivery Assets definition

Delivery Assets means, for each Bond with Share Acquisition Rights: (I) the sum of money equivalent to the face value of the Bond; and (II) such number of shares of the Bank’s common stock as is obtained by (i) subtracting (a) the amount equivalent to the face value of the Bond from (b) the Conversion Value (as defined below), and (only if the result is a positive value) (ii) dividing the balance by the Average VWAP Per Share (as defined below), followed by (iii) discarding any fraction less than one (1) share, without any cash adjustment.
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Delivery Assets means, for a Series, the security or combination of securities specified as the “Delivery Assets” in the Term Sheet for that Series (including the Portion), unless ANZ substitutes all or part of those specified delivery assets with another security or combination of securities quoted and trading on an Australian Exchange in accordance with clause 4.5 or clause 5.1 of the Terms;
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Delivery Assets has the meaning set forth in Section 9.7.
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Examples of Delivery Assets in a sentence

  • The Issuer or its nominee will deliver the Delivery Parcel comprising the Delivery Assets (less any Delivery Costs) on the Settlement Date.

  • Fees charged in connection with the Units such as any Application Fee, Currency Management Fee or Adviser Fee may be regarded as incidental costs of acquiring the Units and included in an Investor’s tax cost base in the Units for the purposes of calculating the Investor’s capital gain or loss on Maturity and delivery of the Delivery Assets.

  • The capital gain should be the difference between the capital proceeds received on disposal less the cost base which the Investor has in the Delivery Assets.

  • Investors should be aware that their Security Interest under the Hedge Security Deed may not have priority if any other person has perfected control of the Secured Property in any way and that a transferee of assets (e.g. a buyer of the Delivery Assets) will buy the asset free of any Security Interest.

  • In making an investment in Units, an Investor has contracted to purchase from the Issuer the Delivery Assets.

  • If Gatherer has not elected to install such Delivery Assets within sixty (60) days after Shipper’s request, then, at Shipper’s election by written notice to Gatherer, and upon Shipper’s advance payment to Gatherer of all costs of such installation, Gatherer will install and own the Delivery Assets, and Shipper will have first priority on the capacity in such Delivery Assets.

  • Based on this interpretation of the CGT rules, an Investor in Units makes a capital gain on Maturity equal to the difference between the market value of the Delivery Assets (determined at that time) less the Investor’s cost base in the Units.

  • If the capital proceeds received by an Investor are less than the reduced cost base that the Investor has in the Delivery Assets, then the Investor should make a capital loss.

  • On the Maturity Date, the Issuer will sell the Portion of the Delivery Assets and the Sale Monies from this sale will be included in the Final Value.

  • If the delivery of the Delivery Assets is a CGT event (as per TD 2008/22), then the Investor’s cost base in the Delivery Assets should be their market value at the time of delivery.


More Definitions of Delivery Assets

Delivery Assets has the meaning given to it in Section 2.2 of the Base Contract.
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