Exchange Property definition

Exchange Property has the meaning set forth in Section 11(a).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Exchange Property has the meaning set forth in Section 24.6.

Exchange Property has the meaning set forth in Section 5.02(a).

Examples of Exchange Property in a sentence

• The Purchase Contracts shall not entitle the Holder to any of the rights of a holder of the Common Shares or other Exchange Property, except as provided by the Purchase Contract Agreement.

• Each Fixed Settlement Rate shall be determined based upon the Applicable Market Value of a unit of Exchange Property that a holder of one Common Share would have received in such Reorganization Event.

• For purposes of the foregoing, the type and amount of Exchange Property in the case of any Reorganization Event that causes the Common Shares to be converted into, or exchanged for, the right to receive more than a single type of consideration (determined based in part upon any form of shareholder election) will be deemed to be the weighted average of the types and amounts of consideration actually received by the holders of Common Shares.

More Definitions of Exchange Property

Exchange Property means securities, cash or any other assets distributed to holders of the Underlying Shares in any Reorganization Event, including, in the case of the issuance of tracking stock, the reclassified Underlying Shares and, in the case of a Spin-off Event, the Underlying Shares with respect to which the spun-off security was issued.

Exchange Property has the meaning specified in Section 15.07(b).

Exchange Property means, with respect to a Reference Share, the amount of securities, cash or any other property distributed to a holder of one share of such Reference Share in, or as a result of, any Merger Event (other than an All-Share Merger Event).

Exchange Property shall have the meaning set forth in the Certificate of Designations.

Exchange Property has the meaning specified in the Contract.

Exchange Property has the meaning specified in Section VII(i)(i).

Exchange Property means initially the aggregate of the ____________ shares of Chevron Common Stock delivered to the Exchange Agent by the Company pursuant to the Exchange Agreement simultaneously with the execution and delivery of this Third Supplemental Indenture, and thereafter means the securities, cash and other property, if any, which at the time are deliverable upon surrender of the Debentures for exchange in accordance with Article Two of this Third Supplemental Indenture.