Settlement Rights definition

Settlement Rights has the meaning given in Condition 11(a) (Settlement and Conversion - Settlement Rights and Conversion Rights);
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Examples of Settlement Rights in a sentence

  • None of the Issuer, the Trustee or any Agent will impose any charge upon the exercise of Investor Cash Settlement Rights or Conversion Rights.

  • The Issuer will pay the Cash Alternative Amount, together with any other amount due in satisfaction of the relevant exercise of Investor Cash Settlement Rights, by not later than five Trading Days following the last day of the Cash Alternative Calculation Period by transfer to a euro account with a bank in a city in which banks have access to the TARGET System in accordance with instructions given by the relevant Bondholder in the relevant Conversion Notice.

  • Investor Cash Settlement Rights may not be exercised at any time if the relevant Conversion Date would fall during the Conversion Period.

  • A Bondholder must also pay all, if any, taxes imposed on it and arising by reference to any disposal or deemed disposal by it of a Bond or interest therein in connection with the exercise of Investor Cash Settlement Rights or Conversion Rights by it.

  • The Calculation Agent shall not be under any duty to monitor whether any event or circumstance has occurred or exists or may occur or exist which would entitle the Bondholders to exercise Investor Cash Settlement Rights or Conversion Rights.

  • Upon exercise of Conversion Rights or Investor Cash Settlement Rights, the Conversion Agent shall annotate Schedule A hereto accordingly.

  • Upon exercise of Conversion Rights or Investor Cash Settlement Rights, the Registrar shall, or shall procure that, Schedule A hereto is annotated accordingly.

  • In addition to the rights outlined above as Indemnified Party’s Settlement Rights, the Indemnified Party shall also have the right to compromise any claim or enter into any settlement agreement in the event that the Indemnifying Party has failed to honor its obligations under this Section 6 or has failed to respond within a reasonable period of time given the circumstances to any proposed settlement.

  • Such notice shall specify a date, which shall be a Business Day not less than ten Business Days nor more than 20 Business Days after the date on which such notice is mailed, on which any early settlement pursuant to the Early Settlement Rights shall occur (such date, the "Early Settlement Date").

  • In respect of any amount transferred under this subclause 4.1 by the Issuer to the Principal Paying, Transfer and Conversion Agent in respect of payments to be made by the Issuer further to exercise of the Settlement Rights or Conversion Rights, payments shall be made to the relevant Bondholders in accordance with the details set forth in the Settlement Notice or, as the case may be, the Conversion Notice.

Related to Settlement Rights

  • Settlement Shares With respect to any Settlement Date, a number of Shares, not to exceed the Base Amount, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

  • Structured settlement payment rights means rights to receive periodic payments under a structured settlement, whether from the structured settlement obligor or the annuity issuer, where:

  • Adjustment Right means any right granted with respect to any securities issued in connection with, or with respect to, any issuance or sale (or deemed issuance or sale in accordance with Section 2) of shares of Common Stock (other than rights of the type described in Section 3 and 4 hereof) that could result in a decrease in the net consideration received by the Company in connection with, or with respect to, such securities (including, without limitation, any cash settlement rights, cash adjustment or other similar rights).

  • Settlement Unit means each hour in a day divided into hour-long periods starting at 00:00 on such day.

  • Settlement Claim means a claim for settlement benefits made under the terms of this Settlement Agreement.