Merger Event Settlement Amount definition

Merger Event Settlement Amount means such amount as in the opinion of the Calculation Agent (such opinion to be made in its sole and absolute discretion) is fair in the circumstances by way of compensation for the termination of the Notes;
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Merger Event Settlement Amount means in respect of each Security, an amount equal to the fair market value of such Security, on such day as is selected by the Determination Agent in its sole and absolute discretion, less the proportion attributable to that Security of the reasonable cost to the Issuer and/or any Affiliate of, or the loss realised by the Issuer and/or any Affiliate on, unwinding any related hedging arrangements, all as calculated by the Determination Agent in its sole and absolute discretion.
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Merger Event Settlement Amount means in respect of each Note, an amount equal to the fair market value of such Note, on such day as is selected by the Determination Agent in its sole and absolute discretion (provided that such day is not more than 15 days before the date fixed for redemption of the Note), less the proportion attributable to that Note of the reasonable cost to the Issuer and/or any Affiliate of, or the loss realised by the Issuer and/or any Affiliate on, unwinding any related hedging arrangements, all as calculated by the Determination Agent in its sole and absolute discretion.
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Examples of Merger Event Settlement Amount in a sentence

  • If the Issuer determines that the relevant Notes should be redeemed early, then the relevant Notes shall be so redeemed and the relevant Issuer’s obligations under the Notes shall be satisfied in full upon payment of the Merger Event Settlement Amount on the Early Redemption Payment Date.

  • Merger Event Settlement Amount means an amount which the Determination Agent in its sole and absolute discretion, determines is the fair value to the Noteholder of a Note with terms that would preserve for the Noteholder the economic equivalent of any payment or delivery (assuming satisfaction of each applicable condition precedent) to which the Noteholder would have been entitled under the relevant Note after that date but for the occurrence of the Merger Event.

  • If the Issuer determines that the Securities shall be terminated early, then the Issuer shall give not less than five Business Days' notice to the Securityholders to terminate the Securities and the Issuer's obligations under the Securities shall be satisfied in full upon payment of the Merger Event Settlement Amount (as defined below) (in the case of a Merger Event) or Tender Offer Settlement Amount (in the case of a Tender Offer).

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  • If the Issuer determines that the relevant Debentures should be redeemed early, then the relevant Debentures shall be so redeemed and the Issuer’s obligations under the Debentures shall be satisfied in full upon payment of the Merger Event Settlement Amount on the Early Redemption Payment Date.

  • If, pursuant to any applicable laws or regulations, the Debentures cannot be redeemed until after a certain period of time after the Issue Date (the “Restricted Period”), and a Tender Offer occurs during the Restricted Period, the Issuer may determine the Merger Event Settlement Amount at or around the time when the Tender Offer occurs and specify the Early Redemption Date at a later date in order to comply with the applicable laws or regulations.

  • If, pursuant to any applicable laws or regulations, the Debentures cannot be redeemed until after a certain period of time after the Issue Date (the “Restricted Period”), and a Merger Event occurs during the Restricted Period, the Issuer may determine the Merger Event Settlement Amount at or around the time when the Merger Event occurs and specify the Early Redemption Date at a later date in order to comply with the applicable laws or regulations.

  • If the Issuer determines that the relevant Notes shall be redeemed early, then the Issuer shall give not less than five Business Days' notice to the Noteholders to redeem the Notes and the Issuer's obligations under the Notes shall be satisfied in full upon payment of the Merger Event Settlement Amount (as defined below) (in the case of a Merger Event) or Tender Offer Settlement Amount (in the case of a Tender Offer).

  • Merger Event Settlement Amount means an amount which the Determination Agent in its sole and absolute discretion, determines is the fair value to the Debentureholder of a Debenture with terms that would preserve for the Debentureholder the economic equivalent of any payment to which the Debentureholder would have been entitled under the relevant Debenture after that date but for the occurrence of the Merger Event or Tender Offer (as the case may be).

  • Early Redemption Amount means, in relation to any particular Series of Notes, the amount specified in, or determined in the manner specified in, the applicable Final Terms , which will always be rounded down to the nearest minimum unit of the currency in which the payment of the Early Redemp tion Amount is made or, in relation to the early redemption of Notes pursuant to Condition 8.1(a), the Merger Event Settlement Amount.


More Definitions of Merger Event Settlement Amount

Merger Event Settlement Amount means in respect of each Note, an amount equal to the Redemption Amount.
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Merger Event Settlement Amount means in respect of each Note, an amount equal to the fair value of such Note, on such day as is selected by the Determination Agent in its sole and absolute discretion, less the proportion attributable to that Note of the reasonable cost to the Issuer of, or the loss realised by the Issuer on, unwinding any related hedging arrangements, all as calculated by the Determination Agent in its sole and absolute discretion.
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Merger Event Settlement Amount means an amount which the Calculation Agent in its sole and absolute discretion, determines is the fair value to the Structured Note Holder of a Structured Note with terms that would preserve for the Structured Note Holder the economic equivalent of any payment or delivery (assuming satisfaction of each applicable condition precedent) to which the Structured Note Holder would have been entitled under the relevant Structured Note after that date but for the occurrence of the Merger Event.
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Merger Event Settlement Amount means an amount which the Determination Agent, in its sole and absolute discretion, determines is the fair value to the Securityholder of a Security with terms that would preserve for the Securityholder the economic equivalent of any payment or delivery (assuming satisfaction of each applicable condition precedent) to which the Securityholder would have been entitled under the relevant Security after that date but for the occurrence of the Merger Eventless the cost to the Issuer of, or the loss realised by the Issuer on, unwinding any related underlying hedging arrangements, the amount of such cost or loss being as determined by the Determination Agent in its sole and absolute discretion.
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Merger Event Settlement Amount means an amount which the Calculation Agent in its sole and absolute discretion, determines is the fair value to the ETN Holder of an Equity Linked ETN with terms that would preserve for the ETN Holder the economic equivalent of any payment (assuming satisfaction of each applicable condition precedent) to which the ETN Holder would have been entitled under the relevant Equity Linked ETN after that date adjusted to take into account any costs, losses, taxes and expenses which are incurred (or expected to be incurred) by (or on behalf of) the Issuer in connection withthe realisation of the relevant Shares.
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Merger Event Settlement Amount means an amount, as determined by the Calculation Agent in its sole and absolute discretion, which represents the fair value of a Warrant that would preserve for the Warrantholder the economic equivalent of any payment or delivery (assuming satisfaction of each applicable condition precedent) to which the Warrantholder would have been entitled under the Warrant after that date but for the occurrence of the Merger Event.
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Related to Merger Event Settlement Amount

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

  • 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.

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

  • Daily Settlement Amount for each of the 40 consecutive Trading Days during the Observation Period, shall consist of:

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

  • 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.

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

  • 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 Averaging Period means (a) with respect to any Conversion Date occurring on or after the 24th Scheduled Trading Day immediately preceding the Maturity Date, the twenty (20) consecutive Trading Day period ending on, and including, the third Scheduled Trading Day immediately preceding the Maturity Date and (b) in all other cases, the twenty (20) consecutive Trading Day period beginning on, and including, the third Trading Day immediately following the relevant Conversion Date.

  • 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.

  • 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.

  • Disruption Cash Settlement Price means in respect of each Security, an amount in the Settlement Currency equal to the fair market value of the Share Amount (taking into account, where the Settlement Disruption Event affected some but not all of the Shares comprising the Share Amount and such non-affected Shares have been duly delivered as provided above, the value of such Shares), less the cost to the Issuer of unwinding any underlying related hedging arrangements, all as determined by the Issuer.

  • Settlement Amount means, with respect to a party and any Early Termination Date, the sum of: --

  • Daily Settlement Price means the settlement price for a Swap calculated each Business Day by or on behalf of BSEF. The Daily Settlement Price can be expressed in currency, spread, yield or any other appropriate measure commonly used in swap markets.

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

  • 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.

  • Mandatory Settlement Date means the earliest of:

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

  • Early Settlement Rate has the meaning specified in Section 5.9(b).

  • PJM Settlement or “PJM Settlement, Inc.” shall mean PJM Settlement, Inc. (or its successor), established by PJM as set forth in Section 3.3 of the Operating Agreement.

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

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

  • First Settlement Date means the date set forth in footnote 3 under "Summary of Essential Financial Information" in the Prospectus Part I for a Trust.

  • Final Settlement Date has the meaning set forth in Section 2.4(c).

  • 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.

  • Standard Settlement Period means the standard settlement period, expressed in a number of Trading Days, on the Company’s primary Trading Market with respect to the Common Stock as in effect on the date of delivery of the Notice of Exercise.