Swap Option definition

Swap Option shall have the meaning given in subsection 6.08.
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Swap Option has the meaning set forth in Section 7.4(d). CLM
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Swap Option means Pampa Energía S.A., Pampa Participaciones S.A. and Pampa Inversiones S.A.’s option to exchange the Borrower’s and PCT’s rights in the CIESA Trust for certain alternate assets which include, directly or indirectly, forty percent (40%) of the outstanding capital stock of CIESA.
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Examples of Swap Option in a sentence

  • The exercise by Singtel of the Swap Option 2 shall be governed by Sections 12.3(a)(ii) and 12.3(b), applied mutatis mutandis, provided that, all references in those Sections to “Swap Option 1” shall be deemed to be references to “Swap Option 2”.

  • The Founder Investors shall use reasonable best efforts to enter into an escrow arrangement with such lenders so that the applicable ReNew India Common Shares are placed into escrow in connection with any such exercise of the Founder Investor Ordinary Put Option or Swap Option, as applicable, and released to the Company upon the payment by the Company of such consideration payable in respect of such ReNew India Common Shares.

  • The Company hereby undertakes that at the time of enforcement of the Share Swap Option the Company shall do all such acts, deeds or things including all statutory and other filings, which may be deemed necessary to give effect to the above transfer/swap to the Purchaser including the registration of the shares of the Operating Company in the name of the Purchaser as the sole and legal owner of the said shares in the records of the Company.

  • Swap Option (Swaption) – Simple basic product The Swaption is the combination of an interest rate swap and an option, where the right regarding the fixed interest rate of the interest rate swap is sold.

  • The Swap Option is only available with the Investor till 31 December 2023.

  • The Swap Ratio and the valuation proposed as above, will be valid if the Swap Option is completed on or before 31st March 2022, post which, the Parties will mutually agree on the Swap Ratio and valuation thereof will be based on EBIDTA trailing 12 (twelve) months immediately before such option is exercised.

  • If the valuation of the SPAC Units is denominated in a currency other than Singapore Dollars, the exchange rate to be used to convert into Singapore Dollars shall be the average of the daily rates published on ▇▇▇▇▇://▇▇▇▇▇▇.▇▇▇.▇▇▇.▇▇/msb/ExchangeRates.aspx in the last 5 days, excluding the day when Swap Option 1 or Swap Option 2 is consummated.

  • If the GFG Share price is denominated in a currency other than Singapore Dollars, the exchange rate to be used to convert into Singapore Dollars shall be the average of the daily rates published on h▇▇▇▇://▇▇▇▇▇▇.▇▇▇.▇▇▇.▇▇/▇▇▇/ExchangeRates.aspx in the last 5 days, excluding the day when Swap Option 1 or Swap Option 2 is consummated.

  • If Tenant shall timely and validly deliver the Swap Exercise Notice in accordance with Section 10.01, the foregoing changes in the Leased Premises shall be self-operative without the need for further action by the parties, but in confirmation thereof the parties shall execute and deliver an amendment to the Lease confirming the exercise of the Swap Option and the adjustments to the Leased Premises provided for herein.

  • The Option Sellers shall have the option to make the Share Swap Application and shall be entitled to opt for the Swap Option pursuant to Clause 6.2.1 only in the event the RBI Approval has been obtained pursuant to the Share Swap Application made by the relevant Option Seller, if such approval is required under Applicable Law.