Convertible Note Settlement Method definition

Convertible Note Settlement Method. For any Relevant Convertible Notes, if Counterparty has notified Dealer in the related Notice of Exercise (or in the Notice of Convertible Note Settlement Method, as the case may be) that it has elected, or is deemed to have elected, to satisfy its conversion obligation in respect of such Relevant Convertible Note in cash or in a combination of cash and Shares in accordance with Section 8.02(a) of the Supplemental Indenture (a “Cash Election”) with a Specified Dollar Amount of at least USD1,000, the Convertible Note Settlement Method shall be the settlement method actually so elected, or deemed to have been elected, by Counterparty in respect of such Relevant Convertible Notes and Dealer shall deliver the Applicable Percentage of the aggregate amount of cash in excess of USD1,000 per Relevant Convertible Note and the aggregate number of Shares, if any, that Counterparty is obligated to deliver to the holders of the Relevant Convertible Note; otherwise, (i) the Convertible Note Settlement Method shall assume Counterparty made a Cash Election with respect to such Relevant Convertible Notes with a Specified Dollar Amount of USD1,000 per Relevant Convertible Note and (ii) the Delivery Obligation shall be calculated as if the relevant Observation Period (as defined in the Indenture) pursuant to Section 8.02(a) of the Supplemental Indenture consisted of 80 Trading Days commencing on (x) the second Scheduled Trading Day after the Conversion Date for conversions occurring prior to the 84th Scheduled Trading Day preceding the Maturity Date or (y) the 81st Scheduled Trading Day prior to the Maturity Date for conversions occurring on or after the 84th Scheduled Trading Day preceding the Maturity Date, and any reference herein to the Observation Period in respect of such Relevant Convertible Notes shall be deemed to refer to such extended Observation Period.
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Examples of Convertible Note Settlement Method in a sentence

  • Counterparty agrees that it shall settle any Relevant Convertible Notes with a Conversion Date occurring during the Final Conversion Period in the same manner as provided in the Notice of Convertible Note Settlement Method it provides or is deemed to have provided hereunder.

Related to Convertible Note Settlement Method

  • Net Share Settlement Amount For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Master Settlement Agreement means the settlement agreement and related documents entered into on November 23, 1998, by the state and leading United States tobacco product manufacturers.

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Maximum Settlement Amount means $500,000,000 as amended or modified in accordance with Appendix E.

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.

  • Cash Settlement Amount means the “Cash Settlement Amount” as determined by the Calculation Agent in accordance with Paragraph 6.

  • Call Settlement Date means the fifth Business Day following the last Index Business Day in the Call Measurement Period.

  • Net Share Settlement Amount: For any Settlement Date, an amount equal to the product of (i) the number of Warrants exercised or deemed exercised on the relevant Exercise Date, (ii) the Strike Price Differential for the relevant Valuation Date and (iii) the Warrant Entitlement.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Relevant Settlement Method In respect of any Option:

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;

  • Cash Settlement shall have the meaning specified in Section 14.02(a).

  • Structured settlement agreement means the agreement, judgment, stipulation, or release embodying the terms of a structured settlement.

  • Gross Settlement Amount means Two Hundred Forty Thousand Dollars and Zero Cents ($240,000.00) which is the total amount Defendant agrees to pay under the Settlement. The Gross Settlement Amount will be used to pay Individual Settlement Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, Class Representative Service Payment, and the Administration Expenses.

  • Early Settlement Amount has the meaning specified in Section 5.9(a).

  • Purchase Contract Settlement Date means [ ].

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Physical Settlement Amount For any Settlement Date for which Physical Settlement is applicable, an amount in cash equal to the product of (a) the Forward Price in effect on the relevant Settlement Date multiplied by (b) the Settlement Shares for such Settlement Date.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Subscription Settlement Date means the second Valuation Date after the Subscription Trade Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Put Price has the meaning set forth in Section 8.05(a).

  • Redemption Call Purchase Price has the meaning provided in Section 1.4;

  • ASX Settlement means ASX Settlement Pty Ltd (ABN 49 008 504 532);

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.