Initial Exchange definition

Initial Exchange means exchange of the Notional Amount on the Effective Date.
Initial Exchange has the meaning assigned to such term in Section 2.7.
Initial Exchange has the meaning specified in the Recitals hereto.

Examples of Initial Exchange in a sentence

  • For the avoidance of doubt, the Adjusted Nominal Amount shall at all times be calculated based on the Initial Exchange Ratio.

  • Initial Exchange Date: The 15th day following the Closing Date (or if such 15th day is not a Business Day, the next Business Day).

  • The exchange date with respect to any exchange can be any Business Day on or after the Initial Exchange Date, other than a Record Date or a Payment Date.

  • Exchange Amounts - Party B: Initial Exchange Date: Effective Date.

  • The Class M-2 Notes and the Class M-3A Notes may be exchanged in whole or in part, for the corresponding MAC Notes, and vice versa, pursuant to Combination 1 and Combination 3 described in Appendix II, respectively, at any time on or after the Strip Initial Exchange Date.


More Definitions of Initial Exchange

Initial Exchange has the meaning set forth in Section 6.15.
Initial Exchange. Initial Exchange Date: Issue Date Party A Initial Exchange The A$ Equivalent of the Party B Initial Amount: Exchange Amount, being A$[ ] Party B Initial Exchange One half of the Initial Invested Amount of Amount: the Relevant Notes on the Issue Date , being US$[ ] Notwithstanding Section 2(a)(ii) of the Agreement, Party A must pay the Party A Initial Exchange Amount to Party B by 4.00pm (Sydney time) on the Initial Exchange Date and Party B must pay Party A the Party B Initial Exchange Amount by 4.00pm (New York time) on the Initial Exchange Date.
Initial Exchange. Initial Exchange Date: Effective Date DBAG Initial Exchange Amount: USD 450,000,000 Trust Initial Exchange Amount: EUR 352,665,000 Payment of Initial Exchange Amounts: On the Initial Exchange Date, X.X. Xxxxxx Securities Ltd. shall pay the Trust Initial Exchange Amount to HSBC Bank plc, and HSBC Bank plc shall pay the Trust Initial Exchange Amount to DBAG; DBAG shall pay the DBAG Initial Exchange Amount to the Trust.
Initial Exchange has the meaning ascribed to it in Section 2.03.
Initial Exchange means the restructuring of the Prior Bonds, pursuant to the Prepackaged Bankruptcy Plan, through the issuance of 1999 Bonds in exchange for the Existing Bonds.