Common use of Settlement Method Election Date Clause in Contracts

Settlement Method Election Date. With respect to any Settlement, the 5th Scheduled Trading Day immediately preceding (x) the Valuation Date, in the case of Physical Settlement, or (y) the First Unwind Date, in the case of Cash Settlement or Net Share Settlement.

Appears in 2 contracts

Sources: Issuer Share Forward Sale Transaction (Cedar Realty Trust, Inc.), Additional Issuer Share Forward Sale Transaction (Cedar Realty Trust, Inc.)

Settlement Method Election Date. With respect to any Settlement, the 5th The fifth Scheduled Trading Day immediately preceding (x) the Valuation relevant Settlement Date or Initial Pricing Date, in as the case of may be. Default Settlement Method: Physical SettlementSettlement Settlement Date: Subject to “Accelerated Unwind” above, or (y) the First Unwind DateApril 4, in the case of 2011. Cash Settlement Payment Date: In respect of a day on which Shares are purchased by or Net Share Settlementon behalf of Bank (or its agent or affiliate) to close out its hedge of the Transaction, the day such purchases settle.

Appears in 2 contracts

Sources: Confirmation of Issuer Forward Sale Transaction (Developers Diversified Realty Corp), Confirmation (Developers Diversified Realty Corp)

Settlement Method Election Date. With respect to any Settlement, the 5th The fifth Scheduled Trading Day immediately preceding (x) the Valuation relevant Settlement Date or Initial Pricing Date, in as the case of may be. Default Settlement Method: Physical SettlementSettlement Settlement Date: Subject to “Accelerated Unwind” above, or (y) the First Unwind DateJuly 18, in the case of 2007. Cash Settlement Payment Date: In respect of a day on which Shares are purchased by or Net Share Settlementon behalf of Citibank (or its agent or affiliate) to close out its hedge of the Transaction, the day such purchases would customarily settle.

Appears in 1 contract

Sources: Confirmation (Sunstone Hotel Investors, Inc.)

Settlement Method Election Date. With respect to any Settlement, the 5th The fifth Scheduled Trading Day immediately preceding (x) the first scheduled Valuation Date, in . Default Settlement Method: Cash Settlement Settlement Date: In the case of Physical Settlement, or (y) Modified Physical Settlement and Net Share Settlement, the First Unwind DateSettlement Date as defined in the Definitions, or, in the case of Cash Settlement, the Cash Settlement or Net Share SettlementPayment Date as defined in the Definitions.

Appears in 1 contract

Sources: Confirmation (Partnerre LTD)