Examples of Stock Exchange Business Day in a sentence
In order to exercise the Cash Settlement Option, the Company shall provide notice of the exercise of the Cash Settlement Option (the “Cash Settlement Notice”) to the relevant Bondholder, the Trustee and the Agents as soon as practicable but no later than the fifth Stock Exchange Business Day (as defined in Condition 6(B)(i)) following the date of the Conversion Notice (the date of such Cash Settlement Notice being the “Cash Settlement Notice Date”).
Notwithstanding the foregoing, if the Conversion Date in respect of a Bond would otherwise fall during a period in which the register of shareholders of the Issuer is closed generally or for the purpose of establishing entitlement to any distribution or other rights attaching to the Shares (a “Book Closure Period”), such Conversion Date shall be postponed to the first Stock Exchange Business Day (as defined in Condition 6(b)(i) (Conversion Notice)) following the expiry of such Book Closure Period.
Trading Day: London Stock Exchange Business Day: New York and London, Unadjusted Day Count Convention: 30/360 Governing Law: English Law Listing and Trading: The Notes shall be admitted to trading on a recognised stock exchange acceptable to the Seller (acting reasonably) on or before the Closing Date.