Exchange Ratio definition

Exchange Ratio shall have the meaning set forth in Section 24(a) hereof.

Exchange Ratio shall have the meaning set forth in Section 3.1(c).

Exchange Ratio has the meaning set forth in Section 2.01(c).

Examples of Exchange Ratio in a sentence

• For the avoidance of doubt, the Adjusted Nominal Amount shall at all times be calculated based on the Initial Exchange Ratio.

• The value of the vote of each SEK Bond shall be the Nominal Amount and the value of the vote of each NOK Bond and USD Bond, respectively, shall be the Nominal Amount of the NOK Bond or USD Bond converted into SEK at the Initial Exchange Ratio.

• Immediately upon the action of the Board of Directors of the Company ordering the exchange of any Rights pursuant to subsection (a) of this Section 24 and without any further action and without any notice, the right to exercise such Rights shall terminate and the only right thereafter of a holder of such Rights shall be to receive that number of shares of Common Stock equal to the number of such Rights held by such holder multiplied by the Exchange Ratio.

• Immediately upon the action of the Board ordering the exchange of any Rights pursuant to subsection (a) of this Section 24 and without any further action and without any notice, the right to exercise such Rights shall terminate and the only right thereafter of a holder of such Rights shall be to receive that number of shares of Common Stock equal to the number of such Rights held by such holder multiplied by the Exchange Ratio.

• Upon the effectiveness of the Scheme, TPL shall not require to allot equity shares, based on the Share Exchange Ratio.

More Definitions of Exchange Ratio

Exchange Ratio. As to any Certificate being surrendered for exchange and each Certificate delivered in exchange for such surrendered Certificate, a fraction the numerator of which is equal to the Initial Authorized Denomination of the Class of which such surrendered Certificate forms a part and the denominator of which is equal to the Initial Authorized Denomination of the Class of which the replacement Certificate forms a part.

Exchange Ratio has the meaning specified in Section 3.1.

Exchange Ratio has the meaning set forth in Section 3.01(a).

Exchange Ratio shall have the meaning given to that term in Section 2.5(a).

Exchange Ratio has the meaning set forth in Section 24.1.

Exchange Ratio shall have the meaning as set forth in Section 3.1(a) of the Agreement.

Exchange Ratio shall have the meaning set forth in Section 2.3 hereof.