Common use of Physical Settlement Clause in Contracts

Physical Settlement. If Physical Settlement is applicable, then Counterparty shall deliver to Dealer through the Clearance System a number of Shares equal to the Settlement Shares for such Settlement Date, and Dealer shall pay to Counterparty, by wire transfer of immediately available funds to an account designated by Counterparty, an amount equal to the Physical Settlement Amount for such Settlement Date.

Appears in 3 contracts

Samples: Letter Agreement (Affiliated Managers Group, Inc.), Sempra, Affiliated Managers Group Inc

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Physical Settlement. If Physical Settlement is applicable, then Counterparty shall deliver to Dealer through the Clearance System a number of Shares equal to the Settlement Shares for such Settlement Date, and Dealer shall pay to Counterparty, by wire transfer of immediately available funds to an account designated by Counterparty, an amount equal to the Physical Settlement Amount for such Settlement Date., on a delivery versus payment basis. If, on any Settlement Date, the Shares to be delivered by

Appears in 1 contract

Samples: MGM Growth Properties Operating Partnership LP

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