Stock Settlement. If the Companies elect to settle the Settlement Amount by delivering Paired Shares in exchange for the Settlement Shares ("Stock Settlement"), the number of Paired Shares to be delivered (the "Stock Settlement Shares") shall be equal to (i) the Settlement Amount divided by (ii) the Stock Settlement Unwind Price. The mechanics for settlement are set forth in Section III. E. below.
Appears in 1 contract
Stock Settlement. If the Companies elect Company elects to settle the Settlement Amount by delivering Paired Shares in exchange for the Settlement Shares ("Stock Settlement"), the number of Paired Shares to be delivered (the "Stock Settlement Shares") shall be equal to (ia) the Settlement Amount divided by (iib) the Stock Settlement Unwind Price. The mechanics for settlement are set forth in Section III. E. belowbelow and Article VI.
Appears in 1 contract
Samples: Master Agreement (Starwood Hotel & Resorts Worldwide Inc)
Stock Settlement. If the Companies elect Company elects to settle the Settlement Amount meet its payment obligations by delivering Paired Common Shares in exchange for the Settlement Shares ("Stock Settlement"), the number of Paired Common Shares to be delivered (the "Stock Settlement Shares") shall be equal to (ia) the Settlement Amount divided by (iib) the Stock Settlement Unwind Price. The mechanics for settlement are set forth in Section IIIII. E. below.E.2. below and Article V.
Appears in 1 contract
Stock Settlement. If the Companies elect Company elects to settle the Settlement Amount by delivering Paired Common Shares in exchange for the Settlement Shares ("Stock Settlement"), the number of Paired Common Shares to be delivered (the "Stock Settlement Shares") shall be equal to (ia) the Settlement Amount divided by (iib) the Stock Settlement Unwind Price. The mechanics for settlement are set forth in Section III. E. belowbelow and Section VI.
Appears in 1 contract
Samples: Forward Stock Contract (Prentiss Properties Trust/Md)
Stock Settlement. If the Companies elect to settle the Settlement Amount by delivering Paired Shares in exchange for the Settlement Shares ("Stock Settlement"), the Companies shall settle by delivering to the Purchaser a number of Paired Shares to be delivered (the "Stock Settlement Shares") shall be equal to (i) the Settlement Amount divided by (ii) the Stock Settlement Unwind Price. The mechanics for settlement are set forth in Section III. E. below.
Appears in 1 contract
Samples: Wyndham International Inc
