Common use of Cash Settlement Clause in Contracts

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

Appears in 257 contracts

Samples: Letter Agreement (Yahoo Inc), Letter Agreement (Avaya Holdings Corp.), Letter Agreement (Wayfair Inc.)

AutoNDA by SimpleDocs

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

Appears in 4 contracts

Samples: Liveperson Inc, Liveperson Inc, Liveperson Inc

Cash Settlement. If Cash Settlement is applicable to any Exercisable Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Exercisable Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Exercisable Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

Appears in 4 contracts

Samples: TTM Technologies Inc, TTM Technologies Inc, TTM Technologies Inc

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, sum for each Valid Trading Day during the Settlement Averaging applicable Conversion Period for such Option, Option of (i) the Daily Option Value for such Valid Trading Day, divided by (ii) the number of Valid Trading Days in the Settlement Averaging applicable Conversion Period.

Appears in 3 contracts

Samples: Teradyne, Inc, Teradyne, Inc, Teradyne, Inc

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, subject to Section 5(c) of this Confirmation, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Trading Day during the Settlement Averaging applicable Conversion Period for such Option, of (i) the Daily Option Value for such Valid Trading Day, divided by (ii) the number of Valid Trading Days in the Settlement Averaging applicable Conversion Period.

Appears in 2 contracts

Samples: Letter Agreement (DealerTrack Holdings, Inc.), Letter Agreement (DealerTrack Holdings, Inc.)

Cash Settlement. If Cash Settlement is applicable to any Exercisable Option exercised or deemed to be exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer Bank will pay to Counterparty, on the relevant Settlement Date for each such Exercisable Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Exercisable Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

Appears in 2 contracts

Samples: Letter Agreement (Nuvasive Inc), Nuvasive Inc

AutoNDA by SimpleDocs

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the greater of (I) the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging PeriodPeriod and (II) USD 0.00.

Appears in 1 contract

Samples: InvenSense Inc

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging PeriodPeriod .

Appears in 1 contract

Samples: Magnite, Inc.

Cash Settlement. If Cash Settlement is applicable to any Option exercised or deemed exercised hereunder, in lieu of Section 8.1 of the Equity Definitions, Dealer will pay to Counterparty, on the relevant Settlement Date for each such Option, an amount of cash (the “Cash Settlement Amount”) equal to the sum, for each Valid Day during the Settlement Averaging Period for such Option, of (i) the Daily Option Value OptionValue for such Valid Day, divided by (ii) the number of Valid Days in the Settlement Averaging Period.

Appears in 1 contract

Samples: CONMED Corp

Time is Money Join Law Insider Premium to draft better contracts faster.