Exchange Event Sample Clauses

Exchange Event. An “Exchange Event” shall be deemed to occur automatically upon the Company’s consummation of an initial Business Combination.
Exchange Event. The occurrence of any of the following shall constitute an "Exchange Event" under this Note:
Exchange Event. The “Exchange Event” shall occur on the day the merger of the Company with and into Modern Media Acquisition Corp. S.A. (the “Reincorporation Merger”) occurs at the time indicated by the Company in a written notice it provides to the Rights Agent, stating that the Rights shall be converted as set forth in Section 3.3.1 as of such time, which time will in any case be prior to the effective time of the Reincorporation Merger.
Exchange Event. (a) Upon the occurrence of a Debenture Event of Default, the Trust Securities shall automatically (and without the consent of any Applicable Regulatory Authority or requirement that the Trust first terminate) be exchanged for the Trust Debentures (such an event, an “Exchange Event”).

Related to Exchange Event

  • Company Not Surviving Following Exchange Event If the Exchange Event results in the Company not continuing as a publicly held reporting entity, the definitive agreement will provide for the holders of Rights to receive the same per share consideration as the holders of the Common Stock will receive in with the Exchange Event, for the number of shares such holder is entitled to pursuant to Section 3.1 above.

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