Daily Net Settlement Amount definition

Daily Net Settlement Amount means, for each of the 40 consecutive Trading Days during the relevant Observation Period:
Daily Net Settlement Amount means, for each of the 30 consecutive Trading Days during the relevant Observation Period:
Daily Net Settlement Amount means, for each of the 20 consecutive VWAP Trading Days during the relevant Observation Period:

Examples of Daily Net Settlement Amount in a sentence

  • These calculations include, but are not limited to, determinations of the Last Reported Sale Prices of the Common Stock, the Daily Settlement Amount, the Daily Net Settlement Amount, the Daily Conversion Value, accrued interest payable on the Notes and the Conversion Rate of the Notes.


More Definitions of Daily Net Settlement Amount

Daily Net Settlement Amount for each of the 50 consecutive Trading Days during the relevant Observation Period, means: (A) if the Company does not elect a Cash Percentage, a number of shares of Common Stock equal to the quotient of (i) the difference between the Daily Conversion Value and 1/50th of $1,000, and (ii) the daily VWAP for such Trading Day; (B) if the Company elects a Cash Percentage of 100%, cash in an amount equal to the difference between the Daily Conversion Value and 1/50th of $1,000; or (C) if the Company elects a Cash Percentage and it is less than 100%, (i) cash equal to the product of (x) the difference between the Daily Conversion Value and 1/50th of $1,000 and (y) the Cash Percentage, plus (ii) a number of shares of Common Stock equal to the product of (x) (A) the difference between the Daily Conversion Value and 1/50th of $1,000, divided by (B) the Daily VWAP for such Trading Day and (y) 100% minus the Cash Percentage.
Daily Net Settlement Amount means for each of the 20 consecutive Trading Days during the applicable Observation Period (a) if the Company does not elect a Cash Percentage pursuant to Section 10.03(d), a number of shares of Common Stock equal to (i) the difference between the Daily Conversion Value on such Trading Day and $50.00, divided by (ii) the Daily VWAP for such Trading Day; (b) if the Company elects a Cash Percentage of 100% pursuant to Section 10.03(d), Cash in an amount equal to the difference between the Daily Conversion Value on such Trading Day and $50.00; or (c) if the Company elects a Cash Percentage of less than 100% pursuant to Section 10.03(d), (i) Cash in an amount equal to the product of (x) the difference between the Daily Conversion Value on such Trading Day and $50.00 and (y) the Cash Percentage, plus (ii) a number of shares of Common Stock equal to the product of (x) (A) the difference between the Daily Conversion Value on such Trading Day and $50.00, divided by (B) the Daily VWAP for such Trading Day and (y) 100% minus the Cash Percentage.
Daily Net Settlement Amount means, for each of the 25 consecutive VWAP Trading Days in the relevant Observation Period:
Daily Net Settlement Amount means, for each of the 50 consecutive Trading Days during the Observation Period:
Daily Net Settlement Amount means for each of the 20 consecutive Trading Days during the applicable Observation Period (a) if the Company does not elect a Cash Percentage pursuant to Section 10.03(d), a number of shares of Common Stock equal to (i) the difference between the Daily Conversion Value on such Trading Day and $50.00, divided by (ii) the Daily VWAP for such Trading Day; (b) if the Company elects a Cash Percentage of 100% pursuant to Section 10.03(d), Cash in an amount equal to the difference between the Daily Conversion Value on such Trading Day and $50.00; or (c) if the Company elects a Cash Percentage of less than 100% pursuant to Section 10.03(d), (i) Cash in an amount equal to the product of (x) the difference between the DailyConversion Value on such Trading Day and $50.00 and (y) the Cash Percentage, plus (ii) a number of shares of Common Stock equal to the product of(x) (A) the difference between the Daily Conversion Value on such Trading Day and $50.00, divided by (B) the Daily VWAP for such Trading Day and(y) 100% minus the Cash Percentage.
Daily Net Settlement Amount means, for each of the 60 consecutive Trading Days during the relevant Conversion
Daily Net Settlement Amount means, for each of the 40 consecutive VWAP Trading Days during the relevant Conversion Reference Period: