Optional Exchange definition

Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities pursuant to Section 7(a) hereof.

Optional Exchange means the exchange of Certificates of any Series (or Class within such Series) for a pro rata portion of the Deposited Assets of the related Trust.

Optional Exchange means the exchange of the Certificates by the Trust for the Underlying Securities, pursuant to Section 7 hereof.

Examples of Optional Exchange in a sentence

• The Exchange Conditions applicable to a Mandatory Exchange differ from those applicable to a Tax Event, Regulatory Event, Acquisition Event or an Optional Exchange.

• Further, the Bank did not exercise its option to convert ANZ NZ CN into ordinary shares of the Ultimate Parent Bank on the Optional Exchange Date.

• Features for IntelliTone™ Plus customers are offered as part of a feature package described at Section 4.1.6. Rates for Optional Exchange Access Service Enhancement Features are listed in 4.1.5.Y., following.

• Accordingly, the Bank was not permitted to, and did not, redeem NZ$500 million of mandatory convertible perpetual subordinated securities (ANZ NZ CN) on 25 May 2020 (the Optional Exchange Date).

• The reason why this extension was granted was to permit GDLS to study the technical specifications of excess Bradley Fighting Vehicles (designated Optional Exchange Vehicles [OEVs] by the Army), which the Army has offered to vendors to use in their final AMPV production designs to “drive down” total AMPV program costs.

More Definitions of Optional Exchange

Optional Exchange shall xxxx xhe exchange of the Certificates by the Trust pursuant to Section 7 hereof.

Optional Exchange shall have the meaning specified therefor in the Trust Agreement.

Optional Exchange means the exchange of the Certificates held by any Certificateholder for a corresponding portion of the Underlying Securities in accordance with the Series Supplement.

Optional Exchange. (“OE”) means a one-way trade by which a Flight Attendant accepts flying of another Flight Attendant.

Optional Exchange. An exchange of Certificates for the Underlying Securities in accordance with Section 5.12.

Optional Exchange. With respect to any Series (or Class within such Series), the exchange of the Certificates by the Trust for Underlying Securities pursuant to Section 4.06 hereof.

Optional Exchange has the meaning set forth in Section 11.05(a).