Non-Plan Exchange definition
Non-Plan Exchange means an Exchange not administered pursuant to a Plan and not a Fixed Exchange, Quarterly Exchange or an Exchange settled through an underwritten Public Offering subject to the terms and conditions specified with respect to “Non-Plan Exchanges” in Section 2.1 and Section 2.2 of this Agreement.
Non-Plan Exchange has the meaning set forth in the Exchange Agreement.
Examples of Non-Plan Exchange in a sentence
Other than as set forth in clause (B) above, any notice of exchange with respect to a Non-Plan Exchange shall be irrevocable.
The amount of AOG Units included in a notice of exchange with respect to a Fixed Exchange shall be automatically reduced by the number of AOG Units that are actually exchanged pursuant to Non-Plan Exchange for an Issuer Repurchase with respect to the same Quarter.