Share Settlement definition

Share Settlement means a number of shares of Class A Common Stock (together with any Corresponding Rights) equal to the number of Redeemed Units.
Share Settlement means “Share Settlement” as defined in the LLC Agreement.
Share Settlement means settlement of a Note Hedging Unit pursuant to clause (a) or (b) under “Settlement Amount” below, and “Share Settled” has a meaning correlative thereto.

Examples of Share Settlement in a sentence

  • The Corporation covenants that all shares of Class A Common Stock issued in connection with a Share Settlement pursuant to a Redemption or Direct Exchange will, upon issuance, be validly issued, fully paid and non-assessable.

  • The Corporation shall give written notice (the “Election Notice”) to the Company (with a copy to the applicable Redeeming Member) of such election within two (2) Business Days of receiving the Redemption Notice; provided, that if the Corporation does not timely deliver an Election Notice, the Corporation shall be deemed to have elected the Share Settlement method.


More Definitions of Share Settlement

Share Settlement shall have the meaning set forth in the LLC Agreement.
Share Settlement has the meaning given it in Section 3(b)(i).
Share Settlement means a number of shares of NCM Inc. common stock equal to the number of Redeemed Units.
Share Settlement has the meaning specified in the Exchange Agreement.
Share Settlement means a number of Pubco Shares equal to (x) the Class B Fixed Share Settlement, plus (y) the Class B Floating Share Settlement multiplied by the Class B Floating Ratio. If the Pubco Shares are no longer traded on a securities exchange or automated or electronic quotation system, then the Manager shall determine the Share Settlement in good faith.
Share Settlement means settlement of a Capped Note Hedging Unit pursuant to clause (a) or (b) under “Settlement Amount” below, and “Share Settled” has a meaning correlative thereto. Settlement Amount: The aggregate of the number of Shares and/or amount of cash in USD for each Convertible Note in principal amount of USD 1,000 converted on such Conversion Date determined as follows:
Share Settlement in relation to any Option means that Net Share Settlement or Combination Settlement is applicable to that Option.