Forward Cash Settlement Amount Clause Samples

Forward Cash Settlement Amount. The aggregate purchase price (including commissions that are reasonable and customary for transactions of this type) of the Hedge Close-out Shares purchased during the Settlement Valuation Period.

Forward Cash Settlement Amount. In respect of a Transaction to which Cash Settlement is applicable, an amount in USD (which may be positive or negative) equal to (a) the “Forward Cash Settlement Amount” as determined under Section 8.5 of the Equity Definitions minus (b)(1) the Initial Cash Settlement Amount divided by (2) the number of Components for such Transaction. In lieu of Section 8.4(b) of the Equity Definitions, if the Forward Cash Settlement Amount is a positive number, then Counterparty shall pay to Dealer the Forward Cash Settlement Amount on the relevant Cash Settlement Payment Date; and if the Forward Cash Settlement Amount is a negative number, then Dealer shall pay to Counterparty the absolute value of the Forward Cash Settlement Amount on the relevant Cash Settlement Payment Date. Settlement Currency: USD (as defined in the 2006 ISDA Definitions).

Forward Cash Settlement Amount. In respect of a Cash Settlement Payment Date, an amount equal to (i) the Priced Shares for such Cash Settlement Payment Date multiplied by (ii) an amount equal to (A) the Settlement Price for such Cash Settlement Payment Date minus (B) the Forward Price for such Cash Settlement Payment Date. Net Share Settlement: If applicable, on the related Cash Settlement Payment Date, (i) if the Forward Cash Settlement Amount is a positive number, then Seller shall deliver to Buyer the Net Share Settlement Amount and (ii) if the Forward Cash Settlement Amount is a negative number, then Buyer shall deliver to Seller the absolute value of the Net Share Settlement Amount. For these purposes, the provisions of Sections 9.8, 9.9, 9.10, 9.11 and 9.12 of the Definitions will be applicable. Net Share Settlement Amount: In respect of a Cash Settlement Payment Date, a number of Shares (rounded down to the nearest whole Share) equal to the Forward Cash Settlement Amount for such Cash Settlement Payment Date divided by the Settlement Price for such Cash Settlement Payment Date, plus cash (at the Settlement Price) for any fractional Share.