Common use of Maximum Share Delivery Clause in Contracts

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 12 contracts

Samples: Letter Agreement (Entergy Corp /De/), Letter Agreement (Entergy Corp /De/), Xcel Energy Inc

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Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 11 contracts

Samples: Letter Agreement (Fifth Third Bancorp), Letter Agreement (New Jersey Resources Corp), Letter Agreement (Thermo Fisher Scientific Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver in settlement of this Transaction on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Termination Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 7 contracts

Samples: Underwriting Agreement (Westar Energy Inc /Ks), Westar Energy Inc /Ks, Westar Energy Inc /Ks

Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate (the “Forward Shares”).

Appears in 7 contracts

Samples: ONE Gas, Inc., Pinnacle West Capital Corp, Pinnacle West Capital Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.5 times the initial Initial Base Amount to Party AAmount, subject to reduction by the amount number of any Shares delivered by Party B on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Confirmation and the Equity Definitions.

Appears in 4 contracts

Samples: Terms Agreement (Acadia Realty Trust), Acadia Realty Trust (Acadia Realty Trust), Terms Agreement (Hcp, Inc.)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75, multiplied by the initial Base Amount to Party A, subject to reduction by the amount aggregate number of any Shares Shares, if any, delivered by Party B on any prior Settlement Date.

Appears in 4 contracts

Samples: Letter Agreement (PPL Corp), Letter Agreement (PPL Corp), PPL Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 25,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 4 contracts

Samples: Letter Agreement (American Capital Strategies LTD), Letter Agreement (American Capital Strategies LTD), Letter Agreement (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver to Party A on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% greater than ten times the Base Amount as of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Trade Date.

Appears in 3 contracts

Samples: Developers Diversified Realty Corp, Developers Diversified Realty Corp, Developers Diversified Realty Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of __________ Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.

Appears in 3 contracts

Samples: Underwriting Agreement (American Capital Strategies LTD), Underwriting Agreement (American Capital Strategies LTD), American Capital Strategies LTD

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.5 times the initial Initial Base Amount to Party AAmount, subject to reduction by the amount number of any Shares delivered by Party B on any prior Settlement DateDate and subject to adjustment from time to time in accordance with the provisions of this Confirmation and the 2002 Definitions.

Appears in 3 contracts

Samples: Equity Offeringsm Sales Agreement (Tanger Properties LTD Partnership /Nc/), Distribution Agreement (Plymouth Industrial REIT, Inc.), Healthpeak Properties, Inc.

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 50,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 3 contracts

Samples: Letter Agreement (American Capital Strategies LTD), Letter Agreement (American Capital Strategies LTD), American Capital Strategies LTD

Maximum Share Delivery. Notwithstanding any other provision of this Master Forward Confirmation or any Supplemental Confirmation, in no event will Party B be required to deliver on any Settlement DateDate for any Transaction hereunder, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount Forward Shares for such Transaction to Party A, subject to reduction by A. The “Forward Shares” for any Transaction shall be as set forth in the amount of any Shares delivered by Party B on any prior Settlement DateSupplemental Confirmation for such Transaction.

Appears in 2 contracts

Samples: Equity Distribution Agreement (ONE Gas, Inc.), Equity Distribution Agreement (Centerpoint Energy Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 2,320,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Letter Agreement (American Water Works Company, Inc.), American Water Works Company, Inc.

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 8,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Letter Agreement (Regency Centers Corp), Regency Centers Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Termination Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount aggregate number of any Shares delivered by Party B on any all prior Settlement DateDates.

Appears in 2 contracts

Samples: Letter Agreement (Aqua America Inc), Letter Agreement (Westar Energy Inc /Ks)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 4,500,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 2 contracts

Samples: Beckman Coulter Inc, Beckman Coulter Inc

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Settlement or Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a the number of Base Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 2 contracts

Samples: Letter Agreement (E Trade Financial Corp), Letter Agreement (E Trade Financial Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150200% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Idacorp Inc, Idacorp Inc

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 6,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Medical Properties Trust Inc, Medical Properties Trust Inc

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver in settlement of this Transaction on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.50 multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B in settlement of this Transaction on any prior Settlement Date.

Appears in 2 contracts

Samples: Letter Agreement (Black Hills Corp /Sd/), Underwriting Agreement (Black Hills Corp /Sd/)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75 times the initial Base Amount to Party AA (the “Maximum Share Number”), subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Letter Agreement (Hawaiian Electric Industries Inc), Letter Agreement (Hawaiian Electric Industries Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 9 million Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 2 contracts

Samples: Nationwide Health Properties Inc, Nationwide Health Properties Inc

Maximum Share Delivery. Notwithstanding any other provision of this Master Confirmation, in no event will Party B be required to deliver on any Settlement DateDate of any Transaction, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlementotherwise, more than a the number of Base Shares equal to 150% of the initial Base Amount such Transaction to Party A, subject to reduction by the amount aggregate number of any Shares delivered by Party B in respect of such Transaction on any all prior Settlement DateDates of such Transaction.

Appears in 2 contracts

Samples: Westar Energy Inc /Ks, Westar Energy Inc /Ks

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number 8,600,000 Shares (the “Maximum Number of Shares equal to 150% of the initial Base Amount Shares”) to Party AA in the aggregate, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate and to adjustment pursuant to the terms of this Confirmation and the 2002 Definitions in connection with a stock split.

Appears in 1 contract

Samples: American Equity Investment Life Holding Co

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 40,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: American Capital Strategies LTD

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.75, multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Common Stock (Scana Corp)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 750,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Regency Centers Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a [ ](1) Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Registration Rights Agreement (Corporate Office Properties Trust)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement or Net Stock Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% in excess of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Cedar Shopping Centers Inc

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Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a 2,400,000 Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Corporate Office Properties Trust

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of 1.50 multiplied by the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Letter Agreement (Black Hills Corp /Sd/)

Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate (the “Forward Shares”).4 4 This number should not exceed 19.9% of total Shares outstanding on the Trade Date (calculated on an aggregate basis for all Forwards).

Appears in 1 contract

Samples: ONE Gas, Inc.

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 222,988 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Beckman Coulter Inc

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 5,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Regency Centers Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of two times the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Nextera Energy Inc

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 6,200,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Regency Centers Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 8,333,335 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Underwriting Agreement (American Capital Strategies LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a 16,000,000 Shares (such number of Shares equal to 150% of Shares, the initial Base Amount “Forward Shares”) to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Corporate Office Properties Trust

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 10,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: American Capital Strategies LTD

Maximum Share Delivery. Notwithstanding any other provision of this Forward Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of twice the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.Date (the “Forward Shares”).5

Appears in 1 contract

Samples: ONE Gas, Inc.

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Stock Settlement or any Private Placement Termination Settlement, more than a number of 1,885,726 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Affiliated Managers (Affiliated Managers Group Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered to Party A by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Underwriting Agreement (American Capital, LTD)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Net Stock Settlement, more than a number the Base Amount of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Letter Agreement (Pantry Inc)

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number 2,580,000 Shares (the “Maximum Number of Shares equal to 150% of the initial Base Amount Shares”) to Party AA in the aggregate, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement DateDate and to adjustment pursuant to the terms of this Confirmation and the 2002 Definitions in connection with a stock split.

Appears in 1 contract

Samples: American Equity Investment Life Holding Co

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Stock Settlement or any Private Placement Termination Settlement, more than a number of 45,000,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Southern Union Co

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 10,580,000 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: Vectren Corp

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, Settlement more than a number of Shares equal to 150% of 1.25 times the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.

Appears in 1 contract

Samples: South Jersey Industries Inc

Maximum Share Delivery. Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of 222,990 Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.A.

Appears in 1 contract

Samples: Beckman Coulter Inc

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