Equivalent Number definition
Examples of Equivalent Number in a sentence
The adjustment to the Carnival Equivalent Number shall become effective from the later of the time at which the Shares of the Relevant Company are first traded ex-rights and the time at which the issue of the Shares becomes wholly unconditional.
The auditors for the time being of P&O Princess and Carnival shall jointly certify the arithmetical adjustment to be made to the Carnival Equivalent Number in the circumstances set out in this Schedule where an adjustment is made to such Carnival Equivalent Number and any adjustments so certified shall, in the absence of manifest error, be final and binding on the parties and on all others affected thereby.
The adjustment to the Carnival Equivalent Number shall become effective immediately after the alteration takes effect.
The parties acknowledge that the Equivalent Number of each class of Commodity Contracts corresponding to the Shares referred to below shall be determined in accordance with the Facility Agreement.
The parties acknowledge that the Equivalent Number of each class of Commodity Contracts corresponding to the Shares referred to below shall be determined in accordance with the Short and Leveraged Facility Agreement.
Equivalent Number shall mean a number of Other Securities of the Company other than Shares, which number represents the same percentage of the outstanding units of such class (on a fully-diluted basis) as the Applicable Number represents at such time with respect to the Shares.
The Microsource Outstanding Equivalent Number will be equal to the number of Microsource Shares outstanding at the Effective Time.
The parties acknowledge that the Equivalent Number of each class of Commodity Contracts corresponding to the Short, Long or Leveraged Shares referred to below shall be determined in accordance with the Facility Agreement dated [ ] 2011 between the Trust and [Counterparty].
The Equivalent Number of ParentCo Common Shares will be adjusted by the Board of Directors if there is any revision as contemplated hereby in the Fair Market Value of either the shares of the Corporation or the ParentCo Common Shares as of the Effective Time.
The Equivalent Number of ParentCo Common Shares and the maximum number of such shares referred to in Section 2.1 hereof shall be adjusted to fully reflect the effect of any stock split, reverse split, stock dividend (including any dividend or distribution of securities convertible into ParentCo Common Shares), conversion, reorganization, recapitalization or other like change with respect to ParentCo Common Shares occurring after the Effective Time.