Strip Initial Exchange Date definition

Strip Initial Exchange Date means the 15th day following the Closing Date (or if such 15th day is not a Business Day, the next Business Day).

Examples of Strip Initial Exchange Date in a sentence

  • 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.

  • 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 after the Strip Initial Exchange Date.

  • The exchange date with respect to any such exchange can be any Business Day other than the first or last Business Day of the month, a Payment Date (except with respect to the Strip Initial Exchange Date), the Record Date related to the next Payment Date or the Business Day following such Record Date.

Related to Strip Initial Exchange Date

  • Optional Exchange Date means any date on which Underlying Securities subject to Optional Exchange are distributed to a Certificateholder.

  • Exchange Date means, in relation to a temporary Global Note, the day falling after the expiry of 40 days after its issue date and, in relation to a permanent Global Note, a day falling not less than 60 days, or in the case of failure to pay principal in respect of any Notes when due 30 days, after that on which the notice requiring exchange is given and on which banks are open for business in the city in which the specified office of the Fiscal Agent is located and in the city in which the relevant clearing system is located.

  • Exchange Dates shall have the meaning set forth in Section 2(a)(ii) hereof.

  • Exchange Day means a day which is (or, but for the occurrence of an Extraordinary Event, would have been) a trading day on each of the Principal Exchanges and Related Exchanges for the Shares comprising the Equity Portfolio or related contracts, options or instruments, including a day on which trading on such an exchange is scheduled to close prior to its regular closing time. If such term is used in relation to a particular Share, "Exchange Day" means a day which is (or, but for the occurrence of a Market Disruption Event in respect of the Share, would have been) a trading day on each Principal Exchange and Related Exchange for the Share or related contracts, options or instruments, including a day on which trading on such an exchange is scheduled to close prior to its regular closing time.

  • CAM Exchange Date means the first date on which there shall occur (a) any event referred to in paragraph (h) or (i) of Article VII or (b) an acceleration of Loans pursuant to Article VII.