Common use of Settlement Shares Clause in Contracts

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 the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

Appears in 14 contracts

Samples: Letter Agreement (VICI Properties L.P.), Letter Agreement (VICI Properties L.P.), Letter Agreement (VICI Properties L.P.)

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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 the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

Appears in 11 contracts

Samples: Equity Offeringsm Sales Agreement (Tanger Properties LTD Partnership /Nc/), Distribution Agency Agreement (Camden Property Trust), Distribution Agency Agreement (Camden Property Trust)

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 the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 100,000 and the Base Amount at that time; provided further that on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date.

Appears in 5 contracts

Samples: Letter Agreement (National Health Investors Inc), Distribution Agreement (Invitation Homes Inc.), Letter Agreement (Vici Properties Inc.)

Settlement Shares. With In respect of any Transaction and with respect to any Settlement DateDate for such Transaction, a number of Shares, not to exceed the Base AmountAmount for such Transaction, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shall, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date for such Transaction the number of Settlement Shares shall be equal to the Base Amount for such Transaction on such date.

Appears in 2 contracts

Samples: Letter Agreement (Corporate Office Properties Trust), Letter Agreement (Corporate Office Properties Trust)

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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” belowNotice; provided that (i) Party B must designate as the Settlement Shares so designated shall, in for each Settlement Date other than the case Maturity Date a number of a designation by Party B, be Shares equal to at least equal to the lesser of 1,000,000 (x) 360,000 and (y) the Base Amount at that time; provided further that on such date, and (ii) on the Maturity Date the number of Settlement Shares shall be equal to the Base Amount on such date. Settlement: Physical Settlement.

Appears in 1 contract

Samples: American Capital Strategies LTD

Settlement Shares. With In respect of any Transaction and with respect to any Settlement DateDate for such Transaction, a number of Shares, not to exceed the Base AmountAmount for such Transaction, designated as such by Party B in the related Settlement Notice or by Party A pursuant to “Termination Settlement” below; provided that the Settlement Shares so designated shallthat, in the case of a designation by Party B, be at least equal to the lesser of 1,000,000 and the Base Amount at that time; provided further that on the Maturity Date for such Transaction, the number of Settlement Shares shall be equal to the Base Amount for such Transaction on such date.

Appears in 1 contract

Samples: Equity Distribution Agreement (Equinix Inc)

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