Exchangeable Stock definition

Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).
Exchangeable Stock means any Capital Stock of a corporation that is exchangeable or convertible into another security (other than into Capital Stock of such corporation that is neither Exchangeable Stock or Redeemable Stock).
Exchangeable Stock any Capital Stock which is exchangeable or convertible into another security (other than Capital Stock of Borrower which is neither Exchangeable Stock nor Redeemable Stock).

Examples of Exchangeable Stock in a sentence

  • Sheryl Stratton & Lee Sheppard, Officials Consider Cross-Border Exchangeable Stock Deals, 1999 Tax Notes Today 19-3 (Jan.

  • The description of the general terms and provisions of the Medium-Term Notes, Series B 0.25% Callable and Exchangeable Stock Portfolio-Linked Notes due April 27, 2006 (Linked to the performance of the Common Stock of Pfizer Inc., Sepracor Inc.

  • Vesey Street (zip code) New York, New York (Address of principal executive offices) Securities to be registered pursuant to Section 12(b) of the Act: Title of each class to be so registered Name of each exchange on which each - class is to be registered Medium-Term Notes, Series B American Stock Exchange 0.25% Callable and Exchangeable Stock Portfolio-Linked Notes due April 27, 2006 (Linked to the performance of the Common Stock of Pfizer Inc., Sepracor Inc.

  • These “virtual instruments,” including exchangeable stock and equalization agreements, (see IRS Officials Consider Cross-Border Exchangeable Stock Deals, 1999 Tax Notes Today 19-3 (January 29, 1999) (Release Date: January 28, 1999)), raise the question of whether an instrument could represent an interest in an entity which owns the issuer, or in some fictional entity resulting from a “virtual” combination of theissuer with a third party.

  • On May 27, 1997, our Board of Directors declared a distribution of one right for each outstanding share of common stock or Exchangeable Stock to shareholders of record at the close of business on June 12, 1997 and designated 400,000 shares of the authorized preferred stock as a class to be distributed under a shareholder rights agreement.


More Definitions of Exchangeable Stock

Exchangeable Stock means an exchangeable stock prescribed in Rule 929, Paragraph 1, Item 2, e. of the Regulations.
Exchangeable Stock means any Capital Stock of a Person which by its terms or by the terms of any security for which it is exchangeable at the option of the holder (other than Capital Stock of such Person which is neither Exchangeable Stock nor Redeemable Stock) or otherwise is convertible or exchangeable at the option of the holder thereof for Indebtedness, Exchangeable Stock or Redeemable Stock on or prior to the date that is one year after the Multi-Currency Maturity Date; provided, however, that only the portion of the Capital Stock which so matures or is so convertible or exchangeable prior to such date, shall be deemed to be Exchangeable Stock; provided, further, however, that any Capital Stock that would constitute Exchangeable Stock solely because the holders thereof have the right to require the Company or a Recourse Subsidiary to exchange such Capital Stock upon the occurrence of a change of control or asset sale shall not constitute Exchangeable Stock if the terms of such Capital Stock (and all such securities into which it is convertible or for which it is exchangeable) provide that the Company and the Recourse Subsidiaries may not exchange any such Capital Stock (and all such securities into which it is convertible or for which it is exchangeable) pursuant to such provision prior to compliance by the Company with the provisions of this Agreement described in Section 11.6 and such repurchase or redemption complies with Section 11.7.
Exchangeable Stock means any Capital Stock which is exchangeable for or convertible into another security (other than Capital Stock of the Company which is neither Exchangeable Stock nor Redeemable Stock).
Exchangeable Stock means the exchangeable stock of Canada Sub, each share of which is convertible, exercisable, retractable, redeemable or exchangeable into or for one share of Class B Stock (or, after an Event of Automatic Conversion, Class A Stock) pursuant to the terms and conditions contained in the Canadian Transaction Agreements.
Exchangeable Stock means any Capital Stock of a Person which by its terms or by the terms of any security for which it is exchangeable at the option of the holder (other than Capital Stock of such Person which is neither Exchangeable Stock nor Redeemable Stock) or otherwise is convertible or exchangeable at the option of the holder thereof for Debt, Exchangeable Stock or Redeemable Stock on or prior to the date that is one year after the Stated Maturity of the Notes; provided, however, that only the portion of the Capital Stock which so matures or is so convertible or exchangeable prior to such date, shall be deemed to be Exchangeable Stock; provided, further, however, that any Capital Stock that would constitute Exchangeable Stock solely because the holders thereof have the right to require the Company or a Subsidiary of the Company (other than a Non-Recourse Subsidiary) to exchange such Capital Stock upon the occurrence of a change of control or asset sale (each defined in a substantially similar manner to the corresponding definitions in this Indenture) shall not constitute Exchangeable Stock if the terms of such Capital Stock (and all such securities into which it is convertible or for which it is exchangeable) provide that the Company and the Subsidiaries (other than Non-Recourse Subsidiaries) may not exchange any such Capital Stock (and all such securities into which it is convertible or for which it is exchangeable) pursuant to such provision prior to compliance by the Company with the provisions of Sections 4.10 and 4.13 hereof and such repurchase or redemption complies with Section 4.07 hereof.
Exchangeable Stock means any Capital Stock which by its terms is exchangeable or convertible at the option of any Person other than the Issuer into another security (other than Capital Stock of the Issuer which is neither Exchangeable Stock nor Redeemable Stock).
Exchangeable Stock means any Capital Stock that is exchangeable or convertible into another security (other than Capital Stock of the Company that is neither Exchangeable Stock nor Redeemable Stock).