Exit Rate definition
Exit Rate means a percentage expected to be approximately 15 per cent. and which will not be less than 11 per cent. as determined by the Issuer on 20 December 2018 after the end of the Offer Period. Notice of the Exit Rate will be published in the same manner as the publication of these Final Terms and be available by accessing the following link: http://eqdpo.bnpparibas.com/SE0011895929. Such determination will be binding for purchasers of the Securities."n" means, in respect of:
Exit Rate means a percentage expected to be about 12.00% and which will not be less than 9.00% as determined by the Issuer on 22 November 2018 after the end of the Offer Period. Notice of the Exit Rate will be published in the same manner as the publication of the applicable Final Terms and be available accessing the following link: http://eqdpo.bnpparibas.com/SE0011762798. Such determination will be binding for purchasers of the Securities.
Examples of Exit Rate in a sentence
For purposes only of (i) this Article XIII, and (ii) the definition of Applicable Exit Rate Percentage set forth in Section 1.1 hereof, the term “Credit Suisse” shall also include any Affiliate of Credit Suisse.
For greater certainty, in the event that the Exit Rate Revenue is less than $25,000,000 during the fiscal year ended December 31, 2019, the Vendors’ right to receive any Adjustment Shares shall immediately terminate.