Net Cash Settlement Amount. For each Conversion Date, an amount equal to the cash delivered by the Buyer in excess of the principal amount of the applicable Reference Notes for such Conversion Date under the Note Indenture multiplied by the Applicable Portion of the Reference Notes, provided that such cash amount shall be determined excluding any cash that Counterparty is obligated to deliver to holders of the applicable Reference Notes as a result of any adjustments to the Conversion Rate resulting from (i) an adjustment to the Conversion Rate made pursuant to Section 4.12 of the Note Indenture by Counterparty or (ii) an adjustment to the Conversion Rate as a result of a Make Whole Premium adjustment pursuant to Section 4.01(j) of the Note Indenture. Adjustments:
Net Cash Settlement Amount means the difference between the aggregate value of all series of Source Bonds accepted for exchange and the aggregate value of all series of Destination Bonds selected by the Issuer to be exchanged for such Source Bonds, which the Issuer or each Eligible Bondholder (as the case may be) is required to pay to the other party for settlement of the Bond Exchange (if any), as calculated by using the Formula.
Net Cash Settlement Amount means the Cash Settlement Amount, less the Service Awards, the Fee & Expense Award, and the Administrative Costs.
Examples of Net Cash Settlement Amount in a sentence
If the Company elects Net Cash Settlement, it shall pay to the Warrantholder cash equal to the Per Share Net Cash Settlement Amount multiplied by the number of Warrant Shares as to which the Warrant has been exercised as indicated in the Notice of Exercise (the “Aggregate Net Cash Settlement Amount”).
If the Company elects Net Cash Settlement, the Company shall, within a reasonable time, not to exceed five Business Days after the date on which this Warrant has been duly exercised in accordance with the terms of this Warrant, pay to the exercising Warrantholder the Aggregate Net Cash Settlement Amount.
Net Cash Settlement: In lieu of the obligations set forth in Section 8.1 of the Equity Definitions, on the Settlement Date Seller shall deliver to Buyer an amount in cash equal to the related Net Cash Settlement Amount.
The Recognized Claim formula is the basis upon which the Net Cash Settlement Amount will be proportionately allocated to the Authorized Claimants.
To the extent there are sufficient funds remaining in the Net Cash Settlement Amount, each Authorized Claimant will receive an amount equal to the Authorized Claimant’s Recognized Claim.
More Definitions of Net Cash Settlement Amount
Net Cash Settlement Amount means the Fair Market Value as of the Exercise Date of the Warrant Units in respect of which this Warrant is then being exercised less the Aggregate Exercise Price.
Net Cash Settlement Amount means the Cash Settlement Amount, less the Adjustments.
Net Cash Settlement Amount means the balance remaining in the Escrow Account (including any interest that has accrued) after the payments described in paragraph 4 below are made from the Escrow Account.
Net Cash Settlement Amount means the balance remaining in the Settlement Fund (including any interest that has accrued) after the payments described in paragraph 18(1)-(3) below are made from the Settlement Fund.
Net Cash Settlement Amount. For each Conversion Date, an amount equal to the sum of the Daily Net Cash Portion (as defined in the Note Indenture) for each day of the Conversion Reference Period that Buyer is required to pay under the Note Indenture in respect of Reference Notes with an aggregate principal amount equal to the Conversion Amount for such Conversion Date multiplied by the Applicable Portion of the Reference Notes; provided that such cash amount shall be determined excluding any cash that Counterparty is obligated to deliver to holders of the applicable Reference Notes as a result of any adjustments to the Conversion Rate described in the second proviso under “Net Share Settlement” above. If Counterparty is permitted to or required to exercise discretion under the terms of the Note Indenture with respect to any determination, calculation or adjustment relevant to conversion of the Reference Notes including, but not limited to, the volume-weighted average price of the Shares, Counterparty shall consult with GS&Co. with respect thereto. For the avoidance of doubt, Counterparty shall not be obligated to comply with any requests, letters or communications from GS&Co. in respect thereof and shall have the right to make any such determinations, calculations or adjustments in its sole discretion. Adjustments: Method of Adjustment: Calculation Agent Adjustment; provided that the terms of the Transaction shall be adjusted in accordance with adjustments of the Conversion Rate of the Reference Notes as provided in the Note Indenture; provided further (without limitation of the provisions set forth above under “Net Share Settlement” and “Net Cash Settlement Amount”) that no adjustment in respect of any Potential Adjustment Event or Extraordinary Event shall be made hereunder as a result of any adjustments to the Conversion Rate described in the second proviso under “Net Share Settlement” above.
Net Cash Settlement Amount means the Settlement Amount, less the Rent Abatement Portion, the Attorneys’ Fees and Expense Award, and the Representative Plaintiffs’ Compensatory Award, which shall be paid (after such deductions) by Xxxxxx Xxxxxx into the Cash Settlement Account pursuant to the terms of this Settlement Agreement.
Net Cash Settlement Amount means, in respect of each of the Group 1 Bond Exchange and the Group 2 Bond Exchange, the difference between the aggregate value of all series of Source Bonds accepted for exchange and the aggregate value of all series of Destination Bonds selected by the Issuer to be exchanged for such Source Bonds, which the Issuer or each Eligible Bondholder (as the case may be) is required to pay to the other party for settlement of each of the Group 1 Bond Exchange and the Group 2 Bond Exchange, as the case may be, (if any), as calculated by using the Formula.