Combination Settlement definition

Combination Settlement shall have the meaning specified in Section 14.02(a).
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Combination Settlement. If Combination Settlement is applicable to any Option exercised or deemed exercised hereunder, Dealer will pay or deliver, as the case may be, to Counterparty, on the relevant Settlement Date for each such Option:
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Combination Settlement has the meaning specified in Section 4.03(a).
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Examples of Combination Settlement in a sentence

  • If the Company delivers a Settlement Notice electing Combination Settlement in respect of its Conversion Obligation but does not indicate a Specified Dollar Amount per $1,000 principal amount of Notes in such Settlement Notice, the Specified Dollar Amount per $1,000 principal amount of Notes shall be deemed to be $1,000.

  • Such Settlement Notice shall specify the relevant Settlement Method and in the case of an election of Combination Settlement, the relevant Settlement Notice shall indicate the Specified Dollar Amount per $1,000 principal amount of Notes.

  • If the Company chooses Combination Settlement, it will specify the applicable Specified Dollar Amount.

  • If the Company does not elect a Settlement Method prior to the deadline set forth in the immediately preceding sentence, the Company shall no longer have the right to elect Cash Settlement or Physical Settlement with respect to the relevant Conversion Date (or such period, as the case may be) and the Company shall be deemed to have elected Combination Settlement in respect of its Conversion Obligation, and the Specified Dollar Amount per $1,000 principal amount of Notes shall be equal to $1,000.

  • In addition, if the Company irrevocably elects Combination Settlement and eliminates a Specified Dollar Amount or range of Specified Dollar Amounts, then the Company shall, if needed, simultaneously change the Default Settlement Method to Combination Settlement with a Specified Dollar Amount that is consistent with such irrevocable election.


More Definitions of Combination Settlement

Combination Settlement has the meaning set forth in Section 10.02(b).
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Combination Settlement has the meaning specified in Section 7.03(a).
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Combination Settlement shall have the meaning specified in Section 5.03(A).
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Combination Settlement means settlement of a conversion or redemption of a share of Series A Preferred Stock for a combination of cash and shares of Common Stock, together with cash, if applicable, in lieu of delivering any fractional share of Common Stock in accordance with Section 12(h).
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Combination Settlement is applicable and the applicable “Specified Dollar Amount” is less than USD 1,000 or (y) “Stock Settlement” is applicable, a number of shares equal to the sum, for each of the 50 consecutive Trading Days (as defined in the Equity Definitions, as modified herein) commencing on the earlier of the third “Scheduled Trading Day” immediately following such Conversion Date and the 52nd “Scheduled Trading Day” prior to the “Maturity Date” (such period, the “Extended Conversion Period”), of (A) the excess, if any, of (X) 2.0% of the product of the “Conversion Rate” on such Trading Day and the lesser of (i) the “Daily VWAP” (determined by the Calculation Agent in accordance with the Indenture) on such Trading Day and (ii) the Cap Price over (Y) USD 20.00, divided by (B) such “Daily VWAP”;
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Combination Settlement shall have the meaning specified in Section 14.02(a). “Commission” means the U.S. Securities and Exchange Commission.
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Combination Settlement as defined in the Indenture) with a “Specified Dollar Amount (as defined in the Indenture) of USD 1,000 for all conversions occurring during the Final Conversion Period, if the Final Conversion Period Start Date occurs after the “Share Reservation Date” (as defined in the Indenture), and (y) otherwise, “Cash Settlement” (as defined in the Indenture). Counterparty agrees that it shall settle any Relevant Convertible Securities with a Conversion Date occurring during the Final Conversion Period in the same manner as provided in the Notice of Convertible Security Settlement Method it provides or is deemed to have provided hereunder. Counterparty shall notify Dealer in writing that the “Share Reservation Date” (as defined in the Indenture) has occurred by 5:00 P.M. New York City time on the Scheduled Trading Day immediately thereafter. Dealer’s Telephone Number and Telex and/or Facsimile Number and Contact Details for purpose of Giving Notice: To be provided by Dealer. Settlement Terms:
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