Examples of Available Cash Election Amount in a sentence
When the next settlement statement is issued that is not an ad hoc statement (RCSS 2 settlement statement for example), the amounts (column 6) and tax amounts (column 35) from first adjustment and the ad hoc adjustment will be aggregated to represent the total settlement amounts with the remainder details coming from the latest issued settlement statement.
If the Total Upfront Cash Election Consideration is greater than the Available Cash Election Amount, then each Cash Election Share and each Mixed Election Cash Election Share shall be converted into the right to receive (x) an amount of cash (without interest) equal to the Per Share Cash Election Prorated Cash Amount, and (y) a certificate or book entry reflecting an amount of shares of Parent Common Stock equal to the Per Share Cash Election Prorated Stock Amount.
If the Cash Election Amount equals or exceeds the Available Cash Election Amount, then each No Election Share will be converted into the right to receive 18.3454 shares of Denbury Common Stock.
Hazard refers to the potential occurrence, in a specific time period, and geographic area, of a natural phenomenon that may adversely affect human life, properly or activity to the extent of causing a disaster.