Exchangeable shares definition

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WebApr 26, 2024 · An exchangeable debt is a type of hybrid debt security that can be converted into the shares of a company other than the issuing company (usually a subsidiary ). … WebDefinition and meaning share is a single unit of ownership in a company or financial asset. It is essentially an exchangeable piece of value of a company which can fluctuate up or down, depending on several different …

EXCHANGEABLE English meaning - Cambridge Dictionary

Webv.tr. 1. To give in return for something received; trade: exchange dollars for francs; exchanging labor for room and board. 2. To give and receive reciprocally; interchange: exchange gifts; exchange ideas. 3. To give up for a substitute: exchange a position in the private sector for a post in government. 4. WebOct 4, 2004 · Interests as of the IPO Date as adjusted in the same manner as all other Lazard Class A-2 Interests in connection with the HoldCo Formation (such portion, the “Exchangeable Interests”) shall be exchangeable, on the terms set forth in this Section 2(g) and the HoldCo LLC Agreement, for membership interests in Lazard that are in turn … hendrick cars of concord nc

Cancellation of Shares Definition Law Insider

Web: a place where things or services are exchanged: such as a : an organized market or center for trading in securities or commodities b : a store or shop specializing in … WebFINANCE. able to be exchanged by its owner for something else: exchangeable for sth The bonds will be exchangeable for shares or cash. exchangeable into sth Drachma … WebApr 24, 2024 · A convertible is a bond, preferred share, or another financial instrument that can be converted by the shareholder into common stock. Convertible securities are not classified as debt or equity;... hendrick cars of charlotte

Form of Exchangeable Share Support Agreement - SEC

Limited Partnership Unit (LPU): An Overview - Investopedia

WebExamples of Exchangeable Stock in a sentence. The amount to be represented in stated capital at all times for each share of Exchangeable Stock shall be $.01.. Exchangeable … An exchangeable security is an asset that can be traded at a future date for a specified number of shares of common stock or, in some cases, its cash equivalent. The asset is usually a debt security. Importantly, it grants its holder the right to trade it for shares of the common stock of a company … See more The right to trade an exchangeable security is triggered by a specified future event or date. The security may be structured to be … See more Exchangeable securities are sometimes issued by corporations that are involved in a takeover. The acquiring company may wish to purchase the target company but may need additional funds to complete the transaction. In this … See more For example, assume an exchangeable security is issued for a stock that is currently trading at $100 per share. The payout formula will … See more hendrick cdjr alabamaWebExchangeable Stock means any Capital Stock which is exchangeable or convertible into another security (other than Capital Stock of the Company which is neither … lapland tattoo

"WebExchangeable Shares means the non-voting exchangeable shares in the capital of Exchangeco, having substantially the rights, privileges, restrictions and conditions set out in the Exchangeable Share Provisions. Class B Units means the Class B Units of the Company. Most Referenced Clauses Confidentiality Force Majeure Indemnity " - Exchangeable shares definition

Exchangeable shares definition

Exchangeable Share Term Sheet Definition Law Insider

WebMar 18, 2005 · exchangeable membership interests in Lazard that were then immediately exchanged for “PubliCo Shares” (as defined below) effective as of the third anniversary of the IPO Date (with such amount of distributions, and such profit percentage, to be adjusted from time to time to reflect the actual exchange, in whole or in part, of such … WebExchangeable, interchangeable apply to something that may replace something else. That which is exchangeable may be exchanged for money, credit, or other purchases to the …

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WebExchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company other than the issuer (usually a subsidiary or company in which the issuer owns a stake) at some future date and under prescribed conditions. An exchangeable bond is different from a convertible … WebExchangeable bond (or XB) is a type of hybrid security consisting of a straight bond and an embedded option to exchange the bond for the stock of a company other than the issuer …

WebExchangeable share structures are often used in acquisitions which involve private equity buyers, where there is a commercial desire to provide rollover equity in a … WebA Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company; Exchangeable Share Price means, for each Exchangeable Share, an amount equal to the aggregate of: Company Capital Stock means the Company Common Stock and the Company Preferred Stock.

WebExchangeable Shares means the non-voting exchangeable shares in the capital of Exchangeco, having substantially the rights, privileges, restrictions and conditions set out in the Exchangeable Share Provisions. Class C Shares means Shares of … Webadjective in· ter· change· able ˌin-tər-ˈchān-jə-bəl Synonyms of interchangeable : capable of being interchanged especially : permitting mutual substitution interchangeable parts interchangeability ˌin-tər-ˌchān-jə-ˈbi-lə-tē noun interchangeableness ˌin-tər-ˈchān-jə-bəl-nəs noun interchangeably ˌin-tər-ˈchān-jə-blē adverb Synonyms commutable

WebRelated to Cancellation of Shares. Resolution of Shareholders means either:. class of Shares refers to the division of Shares into two or more classes as provided in Article III, Section 1 hereof;. Preferred Stock Issuance means the issuance or sale by Borrower or any of its Subsidiaries of any Preferred Stock after the Closing Date (other than as permitted …

WebOct 4, 2004 · The Working Partner hereby agrees that all Exchangeable Interests and PubliCo Shares (as defined in Section 2(g)(i)) held by the Working Partner and the Working Partner’s Entities (including PubliCo Shares obtained pursuant to the exchange of Exchangeable Interests for exchangeable membership interests in Lazard which are … hendrick car rentalsWebExchangeable Share Consideration has the meaning provided in the Exchangeable Share Provisions. Exchange Price means as of any date, $1,000, divided by the Exchange Rate as of such date. Series D Preferred Shares means the series D preferred convertible shares, par value US$0.001 per share, of the Company. lapland teams backgroundWebJan 31, 2024 · A limited partnership unit, or LPU, is an ownership unit in a publicly traded limited partnership, or master limited partnership (MLP). This trust gives the unit holder a stake in the income... hendrick cars wilmington ncWebExchangeable Shares means the non-voting exchangeable shares in the capital of Exchangeco, having substantially the rights, privileges, restrictions and conditions set out in the Exchangeable Share Provisions. Class A LP Units means the Class A limited partnership units of the Partnership. hendrick cars in xfinity raceWebFeb 17, 2024 · The Company also announces today the pricing of an offering of senior unsecured exchangeable bonds in the aggregate principal amount of EUR 500 million (the “Bonds”), exchangeable into Shares ... hendrick cdjr fiat wilmingtonWebClass A Exchangeable Shares means the class A exchangeable shares in the capital of Exchangeco, having substantially the rights, privileges, restrictions and conditions set out in Appendix I to the Plan of Arrangement. Sample 1 Sample 2 Sample 3 … hendrick cary auto mall cary ncWebDefinition of exchangeable as in substitutable capable of being substituted in place of one another as far as small businesses near the border are concerned, the two currencies … lapland team