Purchase Contract Settlement Fund definition

Purchase Contract Settlement Fund has the meaning specified in Section 5.5.

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Purchase Contract Settlement Fund has the meaning set forth in Section 4.03.

Purchase Contract Settlement Fund has the meaning specified in Section 505.

Examples of Purchase Contract Settlement Fund in a sentence

When any cash is required to be delivered to Holders pursuant to this Article IV or Section 5.02, the Purchase Contract Agent shall deliver such cash, including any dividends or distributions with respect to the shares constituting part of the Purchase Contract Settlement Fund (but without interest thereon) to such Holders, in accordance with the written direction of the Company.
When any cash is required to be delivered to Holders pursuant to this Article 4, the Purchase Contract Agent shall deliver such cash, including any dividends or distributions with respect to the shares constituting part of the Purchase Contract Settlement Fund (but without interest thereon) to such Holders, in accordance with the written direction of the Company.
When any shares of Common Stock are required to be delivered to a Holder pursuant to this Article 4, the Purchase Contract Agent shall deliver such shares of Common Stock together with any dividends or distributions with respect to such shares constituting part of the Purchase Contract Settlement Fund (but without interest thereon) to such Holder or such Holder’s designee and the Company shall cause any such shares to be registered in the name of such Holder or such Holder’s designee.
When any cash is required to be delivered to Holders pursuant to this Article 4, the Purchase Contract Agent shall deliver such cash, including any dividends or distributions with respect to the WGP Common Units or shares of APC Stock, as the case may be, constituting part of the Purchase Contract Settlement Fund (but without interest thereon) to such Holders (or their designees), in accordance with the written direction of the Company.
When any cash is required to be delivered to Holders pursuant to this ARTICLE IV or Section 5.02, the Purchase Contract Agent shall deliver such cash, including any dividends or distributions with respect to the shares constituting part of the Purchase Contract Settlement Fund (but without interest thereon) to such Holders, in accordance with the written direction of the Company.

More Definitions of Purchase Contract Settlement Fund

Purchase Contract Settlement Fund has the meaning specified in Section 5.05.

Purchase Contract Settlement Fund has the meaning specified in Section 5.5. "Purchase Price" has the meaning specified in Section 5.1. "Purchased Shares" has the meaning specified in Section 5.6(a)(6). "Quotation Agent" means (i) ▇▇▇▇▇▇▇ ▇▇▇▇▇ Government Securities, Inc. and its successors, provided, however, that, if the foregoing shall cease to be a Primary Treasury Dealer, the Company and FPL Group Capital shall substitute therefor another Primary Treasury Dealer, and (ii) any other Primary Treasury Dealer selected by the Company and FPL Group Capital. "Record Date" for the payment of interest, distributions and Contract Adjustment Payments payable on any Payment Date means, as to any Global Certificate, the Business Day next preceding such Payment Date, and as to any other Certificate, a day selected by the Company which shall be at least one Business Day but not more than 60 Business Days prior to such Payment Date (and which shall correspond to the related record date for the Debentures). "Redemption Amount" means for each Debenture, (a) except as provided in (b) below, the product of (i) the principal amount of such Debenture and (ii) a fraction whose numerator is the applicable Treasury Portfolio Purchase Price and whose denominator is the Applicable Principal Amount of Debentures, or (b) in the case of a Mandatory Redemption (y) prior to the Purchase Contract Settlement Date if the related Purchase Contracts have been previously or concurrently terminated in accordance with Section 5.8 or (z) after the Purchase Contract Settlement Date, the principal amount of the Debenture. "Redemption Price" means an amount per Debenture equal to the Redemption Amount plus accrued and unpaid interest, if any, to the date of redemption. "Register" means the Corporate Unit Register and the Treasury Unit Register. "Registrar" means the Corporate Unit Registrar and the Treasury Unit Registrar. "Remarketing Agent" has the meaning specified in Section 5.4(b). "Remarketing Agreement" means the Remarketing Agreement dated June 12, 2002 by and among the Company, FPL Group Capital, ▇▇▇▇▇▇▇ Lynch, Pierce, ▇▇▇▇▇▇ & ▇▇▇▇▇ Incorporated, as the remarketing agent and reset agent and The Bank of New York, as the purchase contract agent, including any amendments and supplements thereto. "Remarketing Fee" means an amount not exceeding 25 basis points (.25%) of (i) the applicable Treasury Portfolio Purchase Price from any amount of the proceeds from the remarketing of the Debentures in excess of the Treasury Portfo...

Purchase Contract Settlement Fund has the meaning set forth in Section 5.04. “Purchase Price” has the meaning set forth in Section 5.01(a). “Put Price” has the meaning set forth in the Supplemental Indentures. “Put Right” has the meaning set forth in the Supplemental Indentures. “Quotation Agent” means any primary United States government securities dealer in New York City selected by the Company or the Notes Issuer. “ranking junior to the CAP Obligations” means, with respect to any obligation of the Company, that such obligation (a) ranks junior to, and not equally with or prior to, the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations) in right of payment upon the happening of any event of the kind specified in the second paragraph of Section 5.11(d) or (b) is specifically designated as ranking junior to the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations) by express provision in the instrument creating or evidencing such obligation. The securing of any obligations of the Company, otherwise ranking junior to the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations), shall be deemed to prevent such obligations from constituting obligations ranking junior to the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations). “ranking on a parity with the CAP Obligations” means, with respect to any obligation of the Company, that such obligation (a) ranks equally with and not prior to the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations) in right of payment upon the happening of any event of the kind specified in the second paragraph of Section 5.11(d) or (b) is specifically designated as ranking on a parity with the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations) by express provision in the instrument creating or evidencing such obligation. The securing of any obligations of the Company, otherwise ranking on a parity with the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations), shall not be deemed to prevent such obligations from constituting obligations ranking on a parity with the CAP Obligations (or any other obligations of the Company ranking on a parity with the CAP Obligations). “Record Date” for any distribution and any Contract Adjust...