Selling Period definition
Examples of Selling Period in a sentence
Trade Date: For each Transaction, as specified in the Supplemental Confirmation for such Transaction, to be, subject to the provisions opposite the caption “Early Valuation” below, the last Trading Day (as defined in the Equity Distribution Agreement) of the Forward Hedge Selling Period (as defined in the Equity Distribution Agreement) for such Transaction.
For the avoidance of doubt, a cash dividend on the Shares that differs from expected dividends as of the first Trading Day of the Forward Hedge Selling Period for a Transaction shall not be a Potential Adjustment Event under Section 11.2(e)(vii) of the Equity Definitions.
The shares of common stock, par value USD 0.01 per Share, of Counterparty (Ticker: “CMS”) Number of Shares: For each Transaction, initially, as specified in the Supplemental Confirmation for such Transaction, to be the number of Shares equal to the Actual Sold Forward Amount (as defined in the Equity Distribution Agreement) for the Forward Hedge Selling Period, as reduced on each Relevant Settlement Date (as defined below) by the number of Settlement Shares to which the related Valuation Date relates.