Common use of Share Settlement Clause in Contracts

Share Settlement. If the Holder has not retracted the conversion notice during the Conversion Retraction Period, then Cash Settlement or Combined Settlement will occur on the first Trading Day following the Cash Settlement Averaging Period.

Appears in 2 contracts

Sources: First Supplemental Indenture (Iac/Interactivecorp), Second Supplemental Indenture (Iac/Interactivecorp)