Mandatory Settlement Date definition

Mandatory Settlement Date means the earliest of:
Mandatory Settlement Date means the earlier of:
Mandatory Settlement Date means the Scheduled Mandatory Settlement Date, subject to acceleration pursuant to Section 4.09; provided that, if one or more of the 20 consecutive Scheduled Trading Days in the Mandatory Settlement Period is not a Trading Day, the “Mandatory Settlement Date” shall be postponed until the second Scheduled Trading Day immediately following the last Trading Day of the Mandatory Settlement Period.

Examples of Mandatory Settlement Date in a sentence

  • Each Purchase Contract evidenced hereby obligates the Company to deliver to the Holder of this Purchase Contract on the Mandatory Settlement Date a number of common shares, no par value (“Common Shares”), of the Company equal to the Settlement Rate, unless such Purchase Contract has settled prior to the Mandatory Settlement Date, all as provided in the Purchase Contract Agreement and more fully described on the reverse hereof.

  • Each Purchase Contract evidenced hereby obligates the Company to deliver to the Holder of this Purchase Contract, on the Mandatory Settlement Date, a number of Common Shares equal to the Settlement Rate, unless such Purchase Contract has settled prior to the Mandatory Settlement Date, in either case, pursuant to the terms of the Purchase Contract Agreement.

  • The Person in whose name any Common Shares shall be issuable upon settlement of any Purchase Contract on the Mandatory Settlement Date shall be treated as the holder of record of such shares as of the close of business on the last Trading Day of the 20 consecutive Trading Day period during which the Applicable Market Value is determined.

  • Notwithstanding the foregoing, the Company shall not be obligated to execute and deliver to the Purchase Contract Agent and the Trustee, and the Purchase Contract Agent and, in the case of Units, the Trustee shall not be obligated to authenticate and deliver to the Holder, an Equity-Linked Security on or after the second Scheduled Trading Day immediately preceding the Scheduled Mandatory Settlement Date or any earlier Settlement Date with respect to such Equity-Linked Security.

  • Each Purchase Contract obligates the Company to deliver, on the Mandatory Settlement Date, a number of Common Shares (subject to Article V) equal to the Settlement Rate as determined by the Company, unless such Purchase Contract has settled prior to the Mandatory Settlement Date.


More Definitions of Mandatory Settlement Date

Mandatory Settlement Date has the meaning given to it in Condition 5(c) (Optional Interest Deferral - Mandatory Settlement of Arrears of Interest);
Mandatory Settlement Date means the Scheduled Mandatory Settlement Date, subject to acceleration pursuant to Section 4.06; provided that, if one or more of the 20 consecutive VWAP Trading Days of the Observation Period is not a VWAP Trading Day, the “Mandatory Settlement Date” shall be postponed until the third Scheduled Trading Day immediately following the last VWAP Trading Day of the Observation Period.
Mandatory Settlement Date means the earliest of any of the following dates:(i) the tenth Business Day following the occurrence of a Compulsory Payment Event (as defined below); or(ii) the due date for the redemption of the Notes; or(iii) the next interest payment date in relation to which the Issuer elects to pay a scheduled interest on the Notes; or(iv) the date on which the shareholders' meeting (Hauptversammlung) resolves the voluntary winding-up of the Issuer or an order is made for the winding-up, dissolution or liquidation of the Issuer (in each case other than for the purposes of or pursuant to the restructuring or an insolvency plan procedure (Insolvenzplanverfahren) or an amalgamation or reorganisation while solvent, where the continuing entity assumes substantially all of the assets and obligations of the Issuer).Subject to the further provisions set out below, a "Compulsory Payment Event" shall be deemed to have occurred upon any of the following events:(i) the Issuer's annual shareholders' meeting (Jahreshauptversammlung) or any other shareholders' meeting (Hauptversammlung) of the Issuer resolves on a dividend, other distribution or other payment in respect of ordinary shares, any preferred shares or any present or future share of any other class of shares of the Issuer or the Issuer or any Subsidiary of the Issuer (as defined below) pays a dividend, other distribution or other payment on any other Junior Obligation (as defined below) or on an obligation of a Subsidiary of the Issuer in relation to which a Junior Obligation has been assumed by the Issuer (in each case other than a dividend, distribution or payment which is made in the form of ordinary shares of the Issuer); or(ii) the Issuer redeems part of its share capital or the Issuer or a Subsidiary of the Issuer purchases or redeems or otherwise acquires any security or registered security constituting a Junior Obligation or an obligation of a Subsidiary of the Issuer in relation to which a Junior Obligation has been assumed by the Issuer; or(iii) the Issuer or a Subsidiary of the Issuer makes a payment or other distribution on a Parity Obligation (as defined below) or on an obligation of a Subsidiary of the Issuer in relation to which a Parity Obligation has been assumed by the Issuer; or(iv) the Issuer or a Subsidiary of the Issuer purchases or redeems or otherwise acquires any security or registered security constituting a Parity Obligation, or an obligation of a Subsidiary of the Issuer in relation to which a...
Mandatory Settlement Date shall have the meaning given to it in Condition 3(b)(iv).
Mandatory Settlement Date means the earliest of any of the following dates:
Mandatory Settlement Date means the earlier of the following dates:
Mandatory Settlement Date means each of the following: