Examples of Cash Delivery Obligations in a sentence

Upon the occurrence of an Adjustment Event, the Pledgor shall immediately cause to be delivered to the Collateral Agent, in the manner provided in Section 6(d), U.S. Government Securities or Cash Equivalents (other than cash) having an aggregate Market Value at least equal to 105% of the Cash Delivery Obligations, if any, or at Pledgor’s election, U.S. dollars in an amount equal to at least 100% of the Cash Delivery Obligations; in each case to be held as substitute or additional Collateral hereunder.

More Definitions of Cash Delivery Obligations

Cash Delivery Obligations means (A) if no Reorganization Event or Distribution Event shall have occurred prior to such time, zero, and (B) from and after any Reorganization Event or Distribution Event, the sum of all cash included in the Reference Property pursuant to Section 6.2(a) or Section 6.4(b)(i)(B) or (D) of the Purchase Agreement following a Reorganization Event or Distribution Event, if any.

Cash Delivery Obligations means, at any time (A) if no Adjustment Event shall have occurred prior to such time, zero, and (B) from and after the occurrence of any Adjustment Event, (i) the Firm Share Base Amount plus the Additional Share Base Amount (if any) multiplied by (ii) the Transaction Value of any property other than Reported Securities received by the Pledgor in such Adjustment Event, multiplied successively by each number by which the Exchange Rate shall have been multiplied on or prior to the Adjustment Event pursuant to the adjustments provided for under Section 6.1 of the Forward Contract; provided, however, that upon the occurrence of an Adjustment Event in connection with which holders of Common Stock receive consideration other than Reported Securities with a Transaction Value of 25% or more of the Aggregate Transaction Value for such Adjustment Event, then the Cash Delivery Obligations shall be zero.

Cash Delivery Obligations means, at any time (A) if no Adjustment Event shall have occurred prior to such time, zero, and (B) from and after any Adjustment Event, the Transaction Value of any property other than Marketable Securities received by the Pledgor in such Adjustment Event in respect of the maximum number of Contract Shares at the time of such Adjustment Event.

Cash Delivery Obligations means, at any time (A) if no Reorganization Event shall have occurred prior to such time, zero, and (B) from and after any Reorganization Event, the Exchange Rate (as adjusted by any Dilution Adjustment (or successive Dilution Adjustments) that shall have been applied to the Exchange Rate pursuant to Section 6.1 of the Contract at or prior to the Reorganization Event), times the product of: (i) the Firm Share Base Amount plus the Additional Share Base Amount (if any) and (ii) the Transaction Value (as defined in the Contract) of any Merger Consideration other than Marketable Securities delivered in the related Reorganization Event, provided that if the Reorganization Event is a Cash Merger, the Cash Delivery Obligations shall again be zero after Pledgor has delivered the Accelerated Portion to the Purchaser as required under the Contract.

Cash Delivery Obligations means, at any time (A) if no Adjustment Event or Reorganization Event shall have occurred prior to such time, zero, and (B) from and after the occurrence of any Adjustment Event or Reorganization Event, (i) the Firm Share Base Amount plus the Additional Share Base Amount (if any) multiplied by (ii) the Market Value of any Cash Equivalents received per share of HRH Common Stock in such Adjustment Event or Reorganization Event, divided successively by each number by which the Settlement Ratio shall have been divided on or prior to the Adjustment Event or Reorganization Event pursuant to the adjustments provided for under Article 4 of the Purchase Contract Agreement; provided, however, that upon the occurrence of a Merger Early Partial Settlement, then the Cash Delivery Obligations with respect to such Reorganization Event shall be zero. “Cash Equivalents” means (i) United States dollars, (ii) securities issued or directly and fully guaranteed or insured by the United States government or any agency or instrumentality thereof (provided that the full faith and credit of the United States is pledged in

Cash Delivery Obligations means (A) if no Reorganization Event or Distribution Event shall have occurred prior to such time, zero, and (B) from and after any Reorganization Event or Distribution Event, the sum of all cash included in the Reference Property following a Reorganization Event or Distribution Event, if any.