Issue Date VWAP definition

Issue Date VWAP means, in respect of Subordinated Instruments of a Series, the VWAP during the period of 20 ASX Business Days on which trading in Ordinary Shares took place immediately preceding (but not including) the first date on which any Subordinated Instruments of that Series were issued, as adjusted in accordance with Condition 6 (Procedures for Conversion);
Issue Date VWAP means, in respect of Subordinated Notes of a Series, the VWAP during the period of 20 Business Days on which trading in Ordinary Shares took place immediately preceding (but not including) the first date on which any Subordinated Notes of that Series were issued, as adjusted in accordance with Sections 4 to 7 (inclusive) of this Schedule A.
Issue Date VWAP means the VWAP during the period of 20 Business Days on which trading in Ordinary Shares took place immediately preceding (but not including) the first date on which any Securities were issued, as adjusted in accordance with Sections 4 to 7 (inclusive) of this Schedule A.

Examples of Issue Date VWAP in a sentence

  • Issue Date VWAP means, in respect of Subordinated MTNs of a Series, the VWAP during the period of 20 Business Days on which trading in Ordinary Shares took place immediately preceding (but not including) the first date on which any Subordinated MTNs of that Series were issued, as adjusted in accordance with paragraphs 4 to 7 (inclusive) of Schedule A.

  • Despite the provisions of clauses 6.5 and 6.6, no adjustment shall be made to the Issue Date VWAP where such adjustment (rounded if applicable) would be less than one percent of the Issue Date VWAP then in effect.

  • For the purposes of determining the Issue Date VWAP, adjustments to VWAP will be made in accordance with clause 6.2 and clause 6.3 during the VWAP Period for the Issue Date VWAP.

  • However, there is a risk that Conversion will not occur because the Mandatory Conversion Conditions are not satisfied due to, for example, a large fall in the Ordinary Share price relative to the Issue Date VWAP, or if Ordinary Shares cease to be quoted on ASX, or have been suspended from trading for at least five consecutive Business Days prior to, and remain suspended on, the Mandatory Conversion Date.

  • No adjustment to Issue Date VWAP in certain circumstances Despite the provisions of paragraphs (5) and (6) above, no adjustment shall be made to the Issue Date VWAP where such cumulative adjustment (rounded if applicable) would be less than one percent of the Issue Date VWAP then in effect.


More Definitions of Issue Date VWAP

Issue Date VWAP means the VWAP during the period of 20 ASX Business Days on which trading in Ordinary Shares took place immediately preceding but not including the Issue Date, as adjusted in accordance with Condition 6;
Issue Date VWAP means the VWAP during the period of 20 Business Days on which trading in Ordinary Shares took place immediately preceding but not including the issue date, as adjusted in accordance with the provisions described in “— Adjustments to Issue Date VWAP generally”, “— Adjustments to Issue Date VWAP for bonus issues”, “—Adjustments to Issue Date VWAP for capital reconstruction” and “—No adjustment to Issue Date VWAP in certain circumstances”.
Issue Date VWAP means the VWAP during the Issue Date VWAP Period;
Issue Date VWAP means the VWAP during the 20 ASX Trading Days immediately preceding (but not including) the Issue Date (as such number may be adjusted in accordance with the provisions described in paragraphs (4), (5) or (6) of “Description of the SecuritiesExchange of Securities on an Exchange Event with, in the case of an Automatic Exchange Event, a fall back to Write-Off — Exchange Mechanics”);
Issue Date VWAP means the VWAP during the period of 20 Business Days on which trading in Ordinary Shares took place immediately preceding (but not including) the first date on which any Subordinated Notes were issued, as adjusted in accordance with Sections 5 to 7 (inclusive) above.
Issue Date VWAP means, in respect of Securities of a series, the VWAP during the period of 20 ASX Business Days on which trading in Ordinary Shares took place immediately preceding but not including the first date on which any Securities of that series were issued, as adjusted in accordance with Article VI.
Issue Date VWAP means the VWAP during the period of 20 ASX Business Days on which trading in Ordinary Shares took place immediately preceding but not including the issue date of the Securities of a series, as adjusted in accordance with Article VI.