Cash Settlement Averaging Period definition

Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

Cash Settlement Averaging Period means the 20 Trading Day period beginning on the Trading Day following the final Trading Day of the Conversion Retraction Period.

Cash Settlement Averaging Period has the meaning specified in Section 14.14 hereof.

Examples of Cash Settlement Averaging Period in a sentence

• If the Holder has not retracted the conversion notice during the Conversion Retraction Period, then Cash Settlement or Combined Settlement will occur on the first Trading Day following the Cash Settlement Averaging Period.

• Subject to the provisions of Section 10.07(d), the Company shall pay or deliver, as the case may be, the Settlement Amount on the second Trading Day immediately following the last Trading Day of the Cash Settlement Averaging Period; provided, that; if the Company elects to fulfill its conversion obligation solely in shares of Common Stock, the Company shall deliver such Common Stock on the second Trading Day immediately following the relevant Conversion Date.

• For the avoidance of doubt, if the “Daily Conversion Value” (as defined in the Indenture) for any “VWAP Trading Day” (as defined in the Indenture) occurring in the relevant Cash Settlement Averaging Period is less than or equal to USD1000.00 divided by 60, Dealer will have no delivery obligation hereunder in respect of such VWAP Trading Day.

• The Company shall pay cash for fractional shares of Common Stock (calculated on an aggregate basis for the Notes surrendered by a holder for conversion) based on the daily VWAP of the Common Stock on the final Trading Day of the applicable Cash Settlement Averaging Period.

• The Company shall deliver in respect of each $1,000 principal amount of Notes being converted a Settlement Amount equal to the sum of the Daily Settlement Amounts for each of the 40 consecutive Trading Days during the Cash Settlement Averaging Period, on the third Trading Day immediately following the last day of the related Cash Settlement Averaging Period.

More Definitions of Cash Settlement Averaging Period

Cash Settlement Averaging Period has the meaning set forth in Section 12.13(a).

Cash Settlement Averaging Period means, with respect to any Note as to which Cash Settlement or Combination Settlement is applicable, the 45 consecutive Trading Day period beginning on, and including, the second Trading Day immediately following the related Conversion Date; except that “Cash Settlement Averaging Period” means, with respect to any Conversion Date occurring during the Final Conversion Period, the 45 consecutive Trading Day period beginning on, and including, the 46th Scheduled Trading Day immediately preceding the Maturity Date.

Cash Settlement Averaging Period with respect to any Security means the 20 consecutive Trading Day period beginning on, and including, the third Trading Day immediately after such Conversion Date, except that “Cash Settlement Averaging Period” means, with respect to any Conversion Date occurring during the period beginning on, and including, August 15, 2014, and ending at close of business on the second Scheduled Trading Day immediately prior to the Final Maturity Date, the 20 consecutive Trading Day period beginning on, and including, the 22nd Scheduled Trading Day prior to the Final Maturity Date.

Cash Settlement Averaging Period with respect to any Security being converted means the 20 consecutive Trading-Day period beginning on and including the second Trading Day after a notice of conversion in respect of such Security is delivered to the Conversion Agent, except that with respect to any notice of conversion received after the date of issuance of a notice of redemption pursuant to Section 3.03, the “Cash Settlement Averaging Period” means the 20 consecutive Trading Days beginning on and including the day which is the twenty-third scheduled Trading Day prior to the applicable redemption date.

Cash Settlement Averaging Period with respect to any Note surrendered for conversion means:

Cash Settlement Averaging Period means, with respect to any Convertible Note as to which cash settlement or combination settlement is applicable, the 30 consecutive trading-day period beginning on, and including, the third trading day immediately following the related conversion date, except that “cash settlement averaging period” means, (1) with respect to any conversion date occurring during the final conversion period, the 30 consecutive trading-day period beginning on, and including, the 32nd scheduled trading day prior to the maturity date, and (2) with respect to any conversion date for Convertible Notes that have been called for redemption occurring on or after the date of our issuance of a redemption notice and prior to the related redemption date, the 30 consecutive trading-day period beginning on, and including, the 32nd scheduled trading day prior to the redemption date.

Cash Settlement Averaging Period means, with respect to any Note surrendered for conversion, the forty consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the Conversion Date for such Note; provided that, the “Cash Settlement Averaging Period” means with respect to any Conversion Date occurring during the period beginning on, and including, November 9, 2018 and ending at the close of business on the second Scheduled Trading Day immediately prior to the Maturity Date, the forty consecutive Trading Day period beginning on, and including, the forty-second Scheduled Trading Day prior to the Maturity Date.