Settlement definition

Settlement means the settlement of the Action by and between the Parties, and the terms thereof as stated in this Settlement Agreement.
Settlement means the transfer of cash or other property with respect to any credit or debit card charge, check or other instrument, electronic funds transfer, or other type of paper-based or electronic payment, transfer, or charge transaction for which a Person acts as a processor, remitter, funds recipient or funds transmitter in the ordinary course of its business.
Settlement has the meaning specified therefor in Section 2.3(e)(i) of the Agreement.

Examples of Settlement in a sentence

  • Accordingly, subject to the provisions of “Private Placement Procedures” below, Party B agrees that the Shares that it delivers to Party A on each Settlement Date will not bear a restrictive legend and that such Shares will be deposited in, and the delivery thereof shall be effected through the facilities of, the Clearance System.

  • If, upon designation of a Termination Settlement Date by Party A pursuant to the preceding sentence, Party B fails to deliver the Settlement Shares relating to such Termination Settlement Date when due or otherwise fails to perform obligations within its control in respect of the Transaction, it shall be an Event of Default with respect to Party B and Section 6 of the Agreement shall apply.

  • If termination shall occur prior to the Settlement Date for any sale of Shares, such sale shall nevertheless settle in accordance with the terms of this Agreement.

  • As used herein, “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.

  • Notwithstanding any other provision of this Confirmation, in no event will Party B be required to deliver on any Settlement Date, whether pursuant to Physical Settlement, Net Share Settlement, Termination Settlement or any Private Placement Settlement, more than a number of Shares equal to 150% of the initial Base Amount to Party A, subject to reduction by the amount of any Shares delivered by Party B on any prior Settlement Date.


More Definitions of Settlement

Settlement means the disposition of the Action effected by this Agreement and the Judgment.
Settlement has the meaning assigned to such term in Section 2.05(d).
Settlement means the settlement contemplated by this Stipulation.
Settlement means the settlement between Lead Plaintiffs and Defendants on the terms and conditions set forth in this Stipulation.
Settlement has the meaning set forth in Section 2.3(f)(i).
Settlement means the resolution of the Action in accordance with the terms and provisions of this Stipulation.
Settlement means the terms of this Agreement.