Common use of Settlement Price Clause in Contracts

Settlement Price. For any Cash Settlement of any Transaction, the arithmetic average of the 10b-18 VWAP on each Unwind Date relating to such Settlement, plus a commercially reasonable amount determined by the Calculation Agent in good faith that in no event will exceed USD 0.02

Appears in 4 contracts

Sources: Sales Agency Financing Agreement (Eastgroup Properties Inc), Sales Agency Financing Agreement (Eastgroup Properties Inc), Sales Agency Financing Agreement (Eastgroup Properties Inc)

Settlement Price. For any Cash Settlement of any TransactionSettlement, the arithmetic average of the 10b-18 VWAP on each Unwind Date relating to such Settlementsettlement, plus a commercially reasonable amount determined by the Calculation Agent in good faith that in no event will commissions not to exceed USD 0.02USD0.03

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 Price. For any Cash Settlement or Net Share Settlement of any Transaction, subject to “Valuation Disruption” above, the arithmetic average of the 10b-18 VWAP on each Unwind Date relating to such Settlement, plus a commercially reasonable amount commission, determined by the Calculation Agent Agent, related to Dealer’s purchase of Shares in good faith that connection with the unwind of its commercially reasonable hedge position, which in no event will exceed USD 0.02USD0.

Appears in 1 contract

Sources: Equity Distribution Agreement (Welltower Inc.)

Settlement Price. For any Cash Settlement of any Transaction, subject to “Cash Settlement Valuation Disruption” above, the arithmetic average of the 10b-18 VWAP on each Unwind Date relating to such Settlement, plus a commercially reasonable amount determined by the Calculation Agent in good faith that in no event will exceed USD 0.020.

Appears in 1 contract

Sources: Equity Distribution Agreement (Agree Realty Corp)