Initial Exchange definition
Examples of Initial Exchange in a sentence
The method used to calculate One-Month LIBOR, as described in Section Initial Exchange Date: The 15th day following the Closing Date (or if such 15th day is not a Business Day, the next Business Day).
The exchange date with respect to any exchange can be any Business Day on or after the Initial Exchange Date, other than a Record Date or a Payment Date.
The Class M-2 Notes and the Class M-3A Notes may be exchanged in whole or in part, for the corresponding MAC Notes, and vice versa, pursuant to Combination 1 and Combination 3 described in Appendix II, respectively, at any time on or after the Strip Initial Exchange Date.
Benefits received by the Dealer Managers shall be deemed to be equal to the aggregate amount of Fees received by the Dealer Managers in connection with the Initial Exchange Offer under the Dealer Manager Agreement, and benefits received by any Holders shall be deemed to be equal to the value of receiving New Notes or Exchange Notes, as applicable, registered under the Act.
Party B Initial Exchange Amount: The total Invested Amount of the Relevant Notes on the Issue Date, being US$[ ].