Fallback Conversion Rate Fixing Time definition

Fallback Conversion Rate Fixing Time means the time and place specified as such in the relevant Final Terms or such other time and place as the Calculation Agent determines in the case of a successor page to the Fallback Conversion Rate Fixing Page specified in the Final Terms;
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Fallback Conversion Rate Fixing Time means the time and place specified as such in the relevant Pricing Supplement or such other time and place as the Calculation Agent determines in the case of a successor page to the Fallback Conversion Rate Fixing Page specified in the Pricing Supplement;
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Fallback Conversion Rate Fixing Time means at or around 11:00 a.m. (London time).Notwithstanding any other provisions hereof, if the Fallback Conversion Rate is not available or, at any time following the determination of the Conversion Rate or Fallback Conversion Rate, the Calculation Agent determines in its sole and absolute discretion that such rate does not accurately represent the rate which the Calculation Agent determines (in its sole and absolute discretion) that the Issuer could have achieved in the general foreign exchange market, then the Conversion Rate shall be a rate determined by the Calculation Agent acting in good faith and in a commercially reasonable manner. For the avoidance of doubt, any rate achieved by the Issuer pursuant to a relevant hedging agreement shall be deemed to be a commercially reasonable rate. (vii) LBMA Physical Settlement provisions:Not applicable26.Redenomination:(Condition 10)Not applicable27.Other terms:Not applicable 28. Valuation Date: Not applicable DISTRIBUTION29.(i) If syndicated, names of Relevant Dealer(s):Not applicable (ii) If syndicated, names of other Dealer (s) (if any):Not applicable30.Prohibition of Sales to EEA Retail Investors:Applicable31.Prohibition of Sales to UK Retail Investors:Applicable32.Selling restrictions:TEFRA D Rules. United States of America:Notes may not be offered or sold within the United States of America or to, or for the account or the benefit of, a US person (as defined in Regulation S).40-day Distribution Compliance Period: Not applicable33.Exemption(s) from requirements under Regulation (EU) 2017/1129 (as amended, the "EU Prospectus Regulation"):The offer is addressed solely to qualified investors (as such term is defined in the EU Prospectus Regulation). 34. Exemption(s) from requirements under Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA (the "UK ProspectusRegulation"): The offer is addressed solely to qualified investors (as such term is defined in the UK Prospectus Regulation).35.Additional U.S. federal income tax considerations:The Notes are not Section 871(m) Notes for the purpose of Section 871(m). 36. Additional selling restrictions: Not applicable CONFIRMED HSBC BANK PLC By: ___________________________Authorised Signatory Date: ___________________________PART B – OTHER INFORMATION
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Related to Fallback Conversion Rate Fixing Time

  • Interest Conversion Rate means the lesser of (a) the Conversion Price or (b) 85% of the lesser of (i) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the applicable Interest Payment Date or (ii) the average of the VWAPs for the 10 consecutive Trading Days ending on the Trading Day that is immediately prior to the date the applicable Interest Conversion Shares are issued and delivered if after the Interest Payment Date.

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Fixed Conversion Rates means the Maximum Conversion Rate and the Minimum Conversion Rate.

  • Series A Conversion Rate means, as adjusted pursuant to Section 5.8(b)(vi)(E), the number of Common Units issuable upon the conversion of each Series A Preferred Unit, which shall be the quotient of (a) the sum of (i) the Series A Issue Price, plus (ii) any Series A Unpaid Distributions on the applicable Series A Preferred Unit, plus (iii) only for purposes of the definition of “Series A COC Conversion Rate,” any Series A Partial Period Distributions on the applicable Series A Preferred Unit, divided by (b) the Series A Issue Price.

  • Applicable Conversion Rate means the Conversion Rate in effect at any given time.

  • Optional Conversion Date means, with respect to the Optional Conversion of any Convertible Preferred Stock, the first Business Day on which the requirements set forth in Section 10(d)(ii) for such conversion are satisfied.

  • Final Conversion Date means 5:00 p.m. in New York City, New York on the earlier to occur following the IPO of (i) the first Trading Day falling on or after the date on which the outstanding shares of Class B Common Stock represent less than ten percent (10%) of the aggregate number of shares of the then outstanding Class A Common Stock and Class B Common Stock, (ii) the tenth (10th) anniversary of the IPO or (iii) the date specified by affirmative vote of the holders of a majority of the outstanding shares of Class B Common Stock, voting as a single class.

  • Automatic Conversion Date has the meaning specified in Section 13.14(a).

  • Forced Conversion Date shall have the meaning set forth in Section 6(d).

  • Fixed Conversion Price shall have the meaning set forth in Section 4(b).

  • Conversion Rate shall have the meaning specified in Section 14.01(a).

  • New Conversion Price means the amount determined in accordance with the following formula, which shall apply from the QTE Effective Date: NCP = ECP * (VWAPAES / VWAPOS) where:

  • Interest Conversion Price means, with respect to any Interest Date, that price which shall be computed as 100.0% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the ten (10) consecutive Trading Days immediately preceding the applicable Interest Date (each, an “Interest Measuring Period”). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction during such period.

  • Mandatory Conversion Date has the meaning set forth in Section 7(a).

  • Initial Conversion Price has the meaning specified in Section 13.01.

  • Default Conversion Price shall have the meaning set forth in Section 4(b).

  • Daily Conversion Value means, for each of the 40 consecutive Trading Days during the relevant Observation Period, 2.5% of the product of (a) the Conversion Rate on such Trading Day and (b) the Daily VWAP on such Trading Day.

  • Base Conversion Price shall have the meaning set forth in Section 5(b).

  • Forced Conversion Amount means the sum of (a) 100% of the aggregate Stated Value then outstanding, (b) accrued but unpaid dividends and (c) all liquidated damages and other amounts due in respect of the Preferred Stock.

  • Conversion Period means the period of time commencing on the eighth day after the Offer Date and terminating on the Expiry Date;

  • Conversion Date shall have the meaning set forth in Section 4(a).

  • Company Conversion Price means, the lower of (i) the applicable Conversion Price and (ii) that price which shall be computed as 90% of the arithmetic average of the Weighted Average Price of the Common Stock on each of the twenty (20) consecutive Trading Days immediately following the applicable Installment Date (each such period, a "Company Conversion Measuring Period"). All such determinations to be appropriately adjusted for any stock split, stock dividend, stock combination or other similar transaction that proportionately decreases or increases the Common Stock the applicable such Company Conversion Measuring Period.

  • Applicable Conversion Price means the Conversion Price in effect at any given time.

  • Change of Control Conversion Date shall have the meaning provided in the Articles Supplementary.

  • Subsequent Fixed Rate Period means for the initial Subsequent Fixed Rate Period, the period commencing on April 1, 2022 and ending on and including March 31, 2027 and for each succeeding Subsequent Fixed Rate Period, the period commencing on the day immediately following the end of the immediately preceding Subsequent Fixed Rate Period and ending on and including March 31 in the fifth year thereafter.

  • Series A Conversion Price shall initially be equal to $0.71. Such initial Series A Conversion Price, and the rate at which shares of Series A Preferred Stock may be converted into shares of Common Stock, shall be subject to adjustment as provided below.