Equalization Ratio definition

Equalization Ratio means the ratio of (i) one P&O Princess Ordinary Share to (ii) the Carnival Equivalent Number;
Equalization Ratio means, at any time, the ratio of (i) one P&O Princess Ordinary Share to (ii) the Carnival Equivalent Number as of such time;
Equalization Ratio means, at any time, the ratio of (i) one P&O Princess Ordinary Share to (ii) the Carnival Equivalent Number at such time;

Examples of Equalization Ratio in a sentence

  • However, if, the Boards determine that it is not appropriate or practicable to undertake a Matching Action and that an adjustment to the Equalization Ratio would not be appropriate or practicable in relation to an Action, then such Action may be undertaken provided it has been approved as a Class Rights Action.

  • If, subject to Clause 12.2.2, the agreed/determined respective values of each company on a per Share basis (using the agreed or determined exchange rate) are not equivalent in accordance with the Equalization Ratio at the proposed date of termination then a balancing payment, or other balancing action agreed by the companies, will be made by one company to the other as appropriate in such amount as will ensure that such values are equivalent in accordance with such Equalization Ratio.

  • In any combination of Carnival and P&O Princess into a single non dual-listed group, the consideration to be received by the holders of Shares in the two companies will be calculated by reference to the applicable Equalization Ratio.

  • However, in considering the application of the DLC Equalization Principle to any Action the Boards shall take into account the effect of all prior Unadjusted Actions in deciding whether a Matching Action, an adjustment to the Equalization Ratio or approval as a Class Rights Action is appropriate and if any adjustment is made it shall take in account all such prior Unadjusted Actions.

  • If the Parties agree that the Equalization Ratio shall instead be 1:1, then they shall make such subdivisions and/or combinations of Carnival Common Stock and/or P&O Princess Ordinary Shares, or other such actions, as they mutually agree are necessary to achieve that result.


More Definitions of Equalization Ratio

Equalization Ratio means, at any time, the ratio of (i) one Thomson-Reuters Ordinary Share to (ii) the Thomson Equivalent Number at such time;
Equalization Ratio means the ratio of (i) one share of Carnival Common Stock to (ii) that number of P&O Princess Ordinary Shares that have the same rights to distributions of income and capital and voting rights as one share of Carnival Common Stock (the "P&O Princess Equivalent Number"). The Equalization Ratio shall initially be 1:3.3289 but if the Corporation and P&O Princess agree to make such subdivisions and/or combinations of Carnival Common Stock and/or P&O Princess Ordinary Shares as are necessary to achieve the result it shall instead be 1:1 and shall be subject to adjustment in the future as provided in accordance with the Equalization Agreement. In all cases, the P&O Princess Equivalent Number shall be rounded to five decimal places.
Equalization Ratio means the ratio used by the Department of Revenue Administration to calculate a municipality’s equalized valuation.
Equalization Ratio means the ratio or ratios provided by the municipalities for the purpose of determining property values in connection with the purchase of Eligible Assets. The Equalization Ratio shall be determined by the municipality and calculated by the Servicer; in the event an Equalization Ratio is not provided with respect to any Property, the Equalization Ratio for such Property shall be 100%.
Equalization Ratio means, at any time, the ratio of (i) one P&O
Equalization Ratio means the ratio of (i) one share of Royal Caribbean Common Stock to (ii) that number of P&O Princess Ordinary Shares that have the same rights to distributions of income and capital and voting rights as one share of Royal Caribbean Common Stock (the "P&O Princess Equivalent Number"). The Equalization Ratio shall initially be 1:1 and shall be subject to adjustment in the future as provided in the Equalization Agreement and the Schedules thereto. In all cases, the P&O Princess Equivalent Number shall be rounded to five decimal places.
Equalization Ratio means the ratio of (i) one share of Carnival Common Stock to (ii) that number of P&O Princess Ordinary Shares that have the same rights to distributions of income and capital and voting rights as one share of Carnival Common Stock (the "P&O Princess Equivalent Number"). The Equalization Ratio shall initially be 1:3.3289 but if the Parties agree to make such subdivisions and/or combinations of Carnival Common Stock and/or P&O Princess Ordinary Shares as are necessary to achieve the result it shall instead be 1:1 immediately after Completion and shall be subject to adjustment in the future as provided in Clause 4 and the Schedule. In all cases, the P&O Princess Equivalent Number shall be rounded to five decimal places;