Maximum Deliverable Number

Maximum Deliverable Number. Means, on any date, (i) with respect to the DSW Class A Common Shares, (x) the Share Base Amount, divided or multiplied, as the case may be, successively by (y) each number by which the Exchange Ratio shall have been divided or multiplied, as the case may be, on or prior to such date in respect of any Dilution Event provided for under Article 4 of the Indenture; and (ii) following an Adjustment Event or a Reorganization Event, with respect to Exchange Property (and/or Merger... Cash Consideration), (x) the Maximum Deliverable Number of DSW Class A Common Shares or the Maximum Deliverable Number of units of Exchange Property (and/or Merger Cash Consideration) immediately prior to such date multiplied by (y) the number of units of Exchange Property (and/or Merger Cash Consideration), the composition of which shall be determined pursuant to Article 4 of the Indenture, received in the Adjustment Event or the Reorganization Event for each DSW Class A Common Share or each such existing unit of Exchange Property, as the case may be, and following any Dilution Event provided for under Article 4 with respect thereto, the Maximum Deliverable Number of units of Exchange Property immediately prior to such date divided or multiplied, as the case may be, successively by each number by which the Exchange Ratio shall have been divided or multiplied, as the case may be, on or prior to such date in respect of any Dilution Event provided for under Article 4 of the Indenture. View More