Common use of Settlement Rate Clause in Contracts

Settlement Rate. In accordance with the last four sentences of Section 5.6(c) of the Purchase Contract Agreement, the Settlement Rate shall be adjusted for events subsequent to the Effective Time, in a manner that is as nearly equivalent as may be practicable to the adjustments provided for in Section 5.6 of the Purchase Contract Agreement, as if Xcel Energy was the original "Company" and Xcel Energy Common Stock was the original "Common Stock" under the provisions of Section 5.6 of the Purchase Contract Agreement.

Appears in 2 contracts

Sources: Purchase Contract Agreement (NRG Energy Inc), Purchase Contract Agreement (Xcel Energy Inc)

Settlement Rate. In accordance with the last four two sentences of Section 5.6(c5.6(b) of the Purchase Contract Agreement, the Settlement Rate shall be adjusted for events subsequent to the Effective Time, in a manner that is as nearly equivalent as may be practicable to the adjustments provided for in Section 5.6 of the Purchase Contract Agreement, as if Xcel Energy Allstate was the original "Company" and Xcel Energy Allstate Common Stock was the original "Common Stock" under the provisions of Section 5.6 of the Purchase Contract Agreement5.6.

Appears in 1 contract

Sources: Supplemental Purchase Contract Agreement (Allstate Corp)