Common use of Settlement Terms Clause in Contracts

Settlement Terms. Cash Settlement: Counterparty may elect to settle this Transaction by Cash Settlement or Net Physical Settlement by providing Bank with notice (“Settlement Notice”) in accordance with the Settlement Method Election provisions herein and in Section 7.1 of the Equity Definitions. In the event that Counterparty does not so notify Bank, this Transaction shall be settled pursuant to the Default Settlement Method provision below. Settlement Currency: USD

Appears in 2 contracts

Sources: Confirmation of Otc Warrant Transaction (Amgen Inc), Confirmation of Otc Warrant Transaction (Amgen Inc)

Settlement Terms. Cash Settlement: Counterparty may elect to settle this Transaction by Cash Settlement or Net Physical Settlement by providing Bank ML with irrevocable notice (“Settlement Notice”) in accordance with the Settlement Method Election provisions herein and in Section 7.1 of the Equity Definitions. In the event that Counterparty does not so notify BankML, this Transaction shall be settled pursuant to the Default Settlement Method provision below. Settlement Currency: USD.

Appears in 2 contracts

Sources: Confirmation of Otc Warrant Transaction (Pantry Inc), Confirmation of Otc Warrant Transaction (Pantry Inc)

Settlement Terms. Cash Settlement: Counterparty may elect to settle this the Transaction by Cash Settlement or Net Physical Settlement by providing Bank with notice (“Settlement Notice”) in accordance with the Settlement Method Election provisions herein and in Section 7.1 of the Equity Definitions. In the event that Counterparty does not so notify Bank, this the Transaction shall be settled pursuant to the Default Settlement Method provision below. Settlement Currency: USD.

Appears in 2 contracts

Sources: Confirmation of Otc Warrant Transaction (Gilead Sciences Inc), Confirmation of Otc Warrant Transaction (Gilead Sciences Inc)

Settlement Terms. Cash Settlement: Counterparty may elect to settle this Transaction by Cash Settlement or Net Physical Settlement by providing Bank MSIL with notice (“Settlement Notice”) in accordance with the Settlement Method Election provisions herein and in Section 7.1 of the Equity Definitions. In the event that Counterparty does not so notify BankMSIL, this Transaction shall be settled pursuant to the Default Settlement Method provision below. Settlement Currency: USD

Appears in 1 contract

Sources: Confirmation of Otc Warrant Transaction (Amgen Inc)

Settlement Terms. Cash Settlement: Counterparty may elect to settle this Transaction by Cash Settlement or Net Physical Settlement by providing Bank ML with notice (“Settlement Notice”) in accordance with the Settlement Method Election provisions herein and in Section 7.1 of the Equity Definitions. In the event that Counterparty does not so notify BankML, this Transaction shall be settled pursuant to the Default Settlement Method provision below. Settlement Currency: USD.

Appears in 1 contract

Sources: Confirmation of Otc Warrant Transaction (Cyberonics Inc)