Examples of US Dollar Equivalent Amount in a sentence
Payments of dividends under the Offshore Preference Shares shall be in U.S. dollars at the U.S. Dollar Equivalent Amount.
Tax redemption andNon-redemption right:The Company may redeem all but not some of the Bonds in the event of certain changes in taxation laws of Bermuda, Hong Kong or other relevant jurisdiction at a redemption price equal to the US Dollar Equivalent Amount of 100% of the principal amount of the Bonds, together with any accrued but unpaid interest to the date of redemption.
Redemption upon Delisting or Change of Control:Each Bondholder has the option to require the Company to redeem all but not some only of his or her Bonds upon (i) the Shares ceasing to be listed on the Stock Exchange or (ii) the occurrence of certain events amounting to a change of control with respect to the Company, in each case at the US Dollar Equivalent Amount of 100% of the principal amount of the Bonds plus accrued and unpaid interest.
The dividend payable per Calculation Amount for any period will be an amount equal to the U.S. Dollar Equivalent Amount of the product of the applicable Dividend Rate, the Calculation Amount and the relevant Day Count Fraction (rounding the resulting figure to the nearest U.S. cent (half a U.S. cent being rounded upwards)).
The Administrative Agent shall determine the US Dollar Equivalent Amount of any Swingline Advance as of the date on which such Swingline Advance is made, using the applicable Spot Rate in effect on such date, and such amount shall be the US Dollar Equivalent Amount of such Swingline Advance.