Settlement Amount definition
Examples of Settlement Amount in a sentence
The party with the payment obligation will pay to the other party the Final Settlement Amount within twenty (20) business days after the statement is delivered to the Defaulting Party.
On the Valuation Date (including the Acceleration Date, if applicable), the Calculation Agent shall calculate the Settlement Amount for the Transaction.
Notwithstanding the foregoing, the Company will not issue fractional shares of Common Stock as part of the Settlement Amount due with respect to any converted Note.
Cash Settlement: In lieu of Sections 8.4 and 8.5 of the Equity Definitions, Dealer will deliver to Counterparty the relevant Cash Settlement Amount on the related Cash Settlement Payment Date.
The Company shall pay or deliver, as the case may be, the Settlement Amount due in respect of its conversion obligation under this Section 4.03, (x) on the second Business Day immediately following the relevant Conversion Date, if the Company elects Physical Settlement and (y) on the second Business Day immediately following the last VWAP Trading Day of the related Observation Period, if the Company elects Cash Settlement or Combination Settlement.