Equivalent Number definition

Equivalent Number means in relation to the issue and redemption of Commodity
Equivalent Number means, in relation to the Creation or Cancellation of Equity Contracts
Equivalent Number means Y, where Y = C/D:

Examples of Equivalent Number in a sentence

  • It is possible that the total aggregate amount of Covered Losses could exceed the value of the Class A Common Stock issuable upon complete conversion of the Preferred Stock, in which case the Class A Common Equivalent Number of each series of Preferred Stock could eventually be reduced to zero and the Preferred Stock would be redeemed by Visa for nominal value.

  • Visa can make adjustments to the Class A Common Equivalent Number from time to time to recover Covered Losses, which include reasonable costs and expenses (including reasonable attorney fees and costs) arising out of, or resulting from, any Covered Claims.

  • In no event shall the Conversion Adjustment be greater than the then applicable Class A Common Equivalent Number.

  • Once a Covered Loss has been allocated between the Series B Preferred Stock and the Series C Preferred Stock pursuant to the Litigation Management Deed, the process for adjusting the Class A Common Equivalent Number is mechanical and will proceed as provided in Section 10 of the applicable Certificate of Designations.

  • No. There will not be a process for holders of the Preferred Stock to challenge reductions inthe applicable Class A Common Equivalent Number.


More Definitions of Equivalent Number

Equivalent Number means, for any number of shares of NRG Common Stock to be released from the security interest granted herein pursuant to Section 22, a number of shares of Qualifying Preferred Stock convertible into an equal number of shares of NRG Common Stock.
Equivalent Number has the meaning specified in Section 1 of the Note Purchase Agreement.
Equivalent Number means in relation to the issue and redemption of CommoditySecurities the numbers and classes of Commodity Contracts equal to the number and classes of Micro Securities comprised in the Commodity Securities in question
Equivalent Number means, in relation to the entering into or termination of Commodity Contracts in conjunction with a Creation or Redemption of Shares, the number and class of Commodity Contracts which is the same as the number and class of Shares;
Equivalent Number means in relation to the issue and redemption of Commodity Securities the numbers and classes of Commodity Contracts equal to the number and classes of Micro Securities comprised in the Commodity Securities in question“ESES”means Euroclear Settlement for Euronext-zone Securities“ETFSL”means ETFS Capital Limited (formerly ETF Securities Limited), a company incorporated and registered in Jersey, with registered number 88370“EU Benchmarks Regulation”means Regulation (EU) 2016/1011 of the European Parliament and of the Council on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds“EUA” or “EUEmissions Allowance”means an "allowance" as defined in Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 as amended from time to time that has been issued by a competent authority pursuant to Article 11(4) of such Directive“EU ETS”means the scheme for transferring EU Emissions Allowances established pursuant to Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 and EU Commission Regulation (EU) No 389/2013 of 2 May 2013, each as amended from time to time and as implemented by the national laws of member states“Euro” or “Eur” or“€”means the lawful currency of the member states of the European Union that adopt the single currency in accordance with the EC Treaty“Euro Commodity Contracts”means in relation to Euro Micro Securities of a particular class (or Euro Individual Securities to the extent they are comprised of Euro Micro Securities of that class), a contract between the Issuer and a Commodity Contract Counterparty created in accordance with a Facility Agreement and giving rise to matching rights and obligations to such Euro Micro Securities“Euro Securities”means Euro Indvidual Securities and Euro Micro Securities“Euro Individual Securities”means an Individual Security of a class specified in the relevant list in paragraph 5 of Part 13 (Additional Information)“Euro Micro Securities”means a Micro Security of a class specified in the relevant list in paragraph 5 of Part 13 (Additional Information)“Euronext Dublin”means the Irish Stock Exchange plc trading as Euronext Dublinj“Ex ClassicIndex Securities”means the WisdomTree Broad Commodities Ex-Agriculture & Livestock Index Securities, the WisdomTree Broad Commodities Ex-Industrial Metals Index Securities, the WisdomTree Broad Commodities Ex-Precious Metals Index Securities, the Wi...
Equivalent Number when used in reference to USX-Marathon Common Stock, means that number of shares of USX-Marathon Common Stock equal to the Exchangeable Share Price on a specified date;
Equivalent Number means, for any number of shares of NRG Common Stock to be released from the security interest granted herein pursuant to Section 22, a number of shares of Qualifying Preferred Stock convertible into an equal number of shares of NRG Common Stock. 4