Common use of PROCEDURE FOR SETTLEMENT Clause in Contracts

PROCEDURE FOR SETTLEMENT. Except for delivery of Shares made in connection with the delivery of Initial Shares, each delivery of the Shares shall be made through the relevant Clearance System at the accounts specified by the parties on a free delivery basis, for settlement on the applicable Settlement Date in accordance with Article 9 of the Equity Definitions; provided, however, that in Section 9.2(a)(iii) of the Equity Definitions the words “the Excess Dividend Amount, if any, and” shall be deleted. Share Adjustments:

Appears in 3 contracts

Sources: Fixed Dollar Accelerated Share Repurchase Transaction (Plexus Corp), Fixed Dollar Collared Accelerated Share Repurchase Transaction (Plexus Corp), Fixed Dollar Collared Accelerated Share Repurchase Transaction (Applera Corp)