Exchange Property definition

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

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 Company (or any successor) shall, no less than thirty (30) days prior to the anticipated effective date of any Reorganization Event, provide written notice to the Holders of such occurrence of such event and of the kind and amount of the cash, securities or other property that constitutes the Exchange Property.

• Members of staff are paid on the 15th of each month unless this date falls on a weekend or a public holiday observed by the ECB, in which case payment will be made on the nearest working day immediately before this date.

• No fraction of a Relevant Security or any other property comprised in the Exchange Property which is not divisible shall be delivered on exercise of the Exchange Rights and the Issuer shall not be under any obligation to make any payment to Bondholders in respect of any such fraction and any such fraction will be rounded down to the nearest whole multiple of a Relevant Security or unit of any such other property.

• If more than one Bond is to be exchanged by a Bondholder pursuant to any one Exchange Notice, the Exchange Property to be delivered and any sum payable to that Bondholder (including, where applicable, any Cash Alternative Amount) shall be calculated by the Calculation Agent on the basis of the aggregate principal amount of such Bonds.

• If the Calculation Agent exercises the option to liquidate the Exchange Property, the Company will give notice to the Trustee under the Indenture, as defined below, as to the election to liquidate the Exchange Property which notice will specify the method by which the Exchange Property will be sold.

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 means a Property owned directly or indirectly by a Delaware statutory trust or TIC Owners in connection with the Exchange Program, provided that any such Property shall constitute an Exchange Property only so long as it is master leased to an Affiliate of Borrower which master lease may be guaranteed by Borrower and/or the Trust.

Exchange Property has the meaning specified in the Contract.

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

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). In the event of a Merger Event (other than an All-Share Merger Event) in which a holder of shares of the affected Reference Share may elect the form of consideration it receives in such Merger Event, the Exchange Property shall be deemed to consist of the types and amounts of each type of consideration distributed to a holder that makes no election, as determined by the Calculation Agent.

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.

Exchange Property shall have the meaning specified in Section 15.05.