Permitted Exchange Event means any of the following events, which has or is occurring, or is otherwise satisfied, as of the Exchange Date:
Permitted Exchange Event means any of the following events, which has occurred or is occurring, or is otherwise satisfied, as of the Exchange Date:
Permitted Exchange Event means an Exchange by a Shareholder, provided that the exchanging Shareholder has delivered an Exchange Notice to the Corporation not less than sixty (60) days prior to a Date of Exchange, and provided further that no Date of Exchange pursuant to Section 2.1 has previously occurred (or will occur pursuant to a prior, unrevoked Exchange Notice pursuant to Section 2.1) in the same Fiscal Quarter as such Date of Exchange; provided that exchange of any ANFI Shares will be subject to receipt of prior approval of Indian regulatory authorities and prior approval by the holders of such percentage of the outstanding ANFI Shares as is required under the Certificate, applicable law or the rules of the New York Stock Exchange.
Examples of Permitted Exchange Event in a sentence
After the Corporation receives an Exchange Notice and prior to each Permitted Exchange Event, the board of directors of the Corporation shall in good faith determine the Exchange Multiple to be applied in calculating the amount of consideration to be issued to the exchanging Shareholder.
More Definitions of Permitted Exchange Event
Permitted Exchange Event means any of the following events: